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Philipp Heimberger
heimbergecon.bsky.social
did:plc:hnmjb2ybr2vhcw3zv4nknckv
Incredible. The Trump administration calculated "tariff rates" by taking the US trade deficit with the respective country and dividing it by the country's exports to the US. And then the tariff rate of the US is often just set by cutting that made-up "tariff rate" in half.
2025-04-03T04:06:42.097Z