Arthur Delaney reports for HuffPost:
“They didn’t actually calculate tariff rates + non-tariff barriers, as they say they did,” Surowiecki wrote. “Instead, for every country, they just took our trade deficit with that country and divided it by the country’s exports to us.”
In other words, the supposedly reciprocal tariffs, which are supposed to combat arbitrary foreign barriers to U.S. goods, are themselves based on an arbitrary formula.
White House Used 'Embarrassing' Formula To Come Up With Tariffs: Economists mocked the Trump administration's methods for calculating taxes on imports from abroad. Arthur Delaney, HuffPost, Apr 3, 2025
These tariffs are meant as sanctions.
They’re Not Tariffs, They’re Sanctions: Stop trying to place coherence on a policy that’s really just a mob boss breaking legs and asking for protection money. David Dayen | The American Prospect | April 3, 2025
Trump’s Tariffs Give Him a New Way to Dole Out Reward and Punishment: The president’s latest power grab will devastate America’s economy—and its democracy. Pama Levy| Mother Jones | April 3, 2025
But they're still taxes because you still have to pay for them.
We all share the same Earth, so when you sanction others, you sanction yourself.
Nothing makes sense: