It has arbitrary parameters that cancel out, so that the increase in tariff rate is just simply the trade deficit as a proportion of imports
It makes no sense
https://ustr.gov/issue-areas/reciprocal-tariff-calculations
Imbolc on Nostr: It doesn't take much economics to see through this bullshit formula for calculation ...
It doesn't take much economics to see through this bullshit formula for calculation the tariff increases
It has arbitrary parameters that cancel out, so that the increase in tariff rate is just simply the trade deficit as a proportion of imports
It makes no sense
https://ustr.gov/issue-areas/reciprocal-tariff-calculations
It has arbitrary parameters that cancel out, so that the increase in tariff rate is just simply the trade deficit as a proportion of imports
It makes no sense
https://ustr.gov/issue-areas/reciprocal-tariff-calculations