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This is a very stupid way to calculate tariffs
Link to tweet
Link to tweet
Here is the Vietnam example
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This guy cracked the tariff formula:
@orthonormalist
It’s simply the nation’s trade deficit with us divided by the nation’s exports to us.
Yes. Really.
Vietnam: Exports 136.6, Imports 13.1
Deficit = 123.5
123.5/136.6 = 90%
@orthonormalist
It’s simply the nation’s trade deficit with us divided by the nation’s exports to us.
Yes. Really.
Vietnam: Exports 136.6, Imports 13.1
Deficit = 123.5
123.5/136.6 = 90%
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