logoalt Hacker News

lawlessone04/02/20252 repliesview on HN

its not tariffs

Trump took the trade surplus the US has with those countries and calcuated the percentage from that.


Replies

tempestn04/03/2025

The trade deficit the US has with those countries, or the surplus they have with the US, as a percentage of the country's total exports to the US.

It's an incredibly simplistic calculation that definitely doesn't equate to the country's tariff rate.

lsllc04/02/2025

Interesting - I haven't seen that mentioned in any of the coverage, do you have a source for that?

show 2 replies