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Catherine Rampell
crampell.bsky.social
did:plc:6m7rbdgaz5vyg4bnbefi7kh6
I had been reluctant to amplify the theory that Trump's "reciprocal tariff rate" for a given country was based on the dumb calculation: (bilateral trade deficit) divided by (imports from that country)
But now USTR has confirmed it. Brief 🧵
2025-04-03T01:39:44.004Z