Discussion about this post

User's avatar
SGman's avatar

The actual formula is much more dumb: it's trade deficit with the country divided by total imports for the country, with a base of 10%. There's no accounting for our "exported services," either: just physical goods.

Uninhabited islands got hit with 10%. Even countries we run a trade surplus with got hit with 10%.

Expand full comment
3 more comments...

No posts