Source: International Business Times
The numbers presented on the chart Trump used in his presentation differ from actual tariff figures AFP Trade economists were scratching their heads on Thursday at the formula used by the White House to measure trade imbalances and inflict punishment on all its global trading partners. Handed a chart in the White House Rose Garden, US President Donald Trump presented the rationale for how his administration would impose reciprocal tariffs on partners ranging from major powers like China and Europe to the smallest nations. The figures presented bear little resemblance to actual tariff levels, however.
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