Originally Posted by JAPOV
MATH... Another cancelled thread lol...

If a country is taxing America for 10 different imports, but America only taxes that country for 1... how do you balance that equation, geniuses?

This is lifted from a POLITICO article which is owned by a German company, so they will have bias.
What they present as hard facts are...

""""That approach meant Trump and his advisers simply took the U.S. trade deficit with the European Union — $235.6 billion in 2024 — and divided it by the bloc’s exports to the U.S., which totaled $605.8 billion.

The result was 39 percent, which the administration interpreted as the “unfair” trade advantage the EU holds over the U.S. From there, the White House proposed a 20 percent tariff, framing it as a corrective measure to level the playing field.""""

If true, can't help but wonder...
Had they gone category by category and matched EU tariffs, how close would that number come out to 39% and 20%.

At this point, unless Trump lifts or modifies this number, I guess we have to wait for year end to see how it compares to 2024.

Clearly, some tariff reciprocity was justified. Just a question of how much it should be.

https://soundcloud.com/sunset-poet-of-texas