Re:Office of the United States Trade Representative Reciproc...
by viraptor on Thursday April 03, 2025 @04:47PM
(#43575181)
What people are making fun of is that people responsible for it were trying to deny it's (export-import)/import, but the chosen parameters cancel out completely. So... it's exactly that. And this covers only goods, ignoring services, which skews the numbers quite a lot.
Re:Office of the United States Trade Representative Reciproc...
by Jtsummers on Thursday April 03, 2025 @05:03PM
(#43575373)
Some of the hardest hit places, too, are places that could never make up the trade deficit.
Deficit Tariff
Saint Pierre and Miquelon 99 50
https://en.wikipedia.org/wiki/Saint_Pierre_and_Miquelon - an archipelago with less than 6,000 people. I can't even find how much they actually export to the US, but their exports aren't that significant. By the math used by Trump & co, if they export $1 million in goods to the US and only import $10k from the US, this is the result.