Cambodian land activist Yorm Bopha freed from jail
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590
Trump Starts Global Tariff Wall, Thailand Hit with 36% Tax
Don't worry, Trump is playing a long game. -
11
Trump’s Tariff Strategy: US can no longer act as the world's economic shock absorber
He lost his marbles: 'Clueless' Trump makes frightening confession on how long US manufacturing will take -
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17
Russian Couple's Beach Frolic Draws Crowd in Pattaya
Bareback in a cesspool of S... Disgusting. -
590
Trump Starts Global Tariff Wall, Thailand Hit with 36% Tax
Except none of what you state is how they calculated the US "reciprocal tariffs". It had nothing to do with what other countries actually use as tariffs. "To calculate the tariffs it decided to impose on countries around the world, the White House used a formula that focused on trade deficits and total exports. The formula didn’t include an assessment of tariff rates for specific products in individual countries, or take into account other trade barriers that weren’t tariffs. Instead, the reciprocal tariff rate applied to each country was: their trade deficit divided by exports to the U.S., divided by two. If the country has a trade surplus with the U.S., or the number resulting from the above formula was less than 10%, then a flat rate of 10% was applied." and "For example, the U.S. has a $235.6 billion trade deficit with the European Union, which exports a total of $605.8 billion to the U.S. Based on the White House’s formula, $235.6 divided by $605.8 equals 0.388, which divided by half is 0.194. That number gets rounded up to 0.2, which leads to a 20% tariff rate." https://archive.ph/NSn9u#selection-875.0-896.0 (Originally published in Fortune magazine; the link is to a non-paywalled archive of the original article.) -
71
Bangkok Building Collapse Sets Unwanted World Records
It’s not apparently, the article is on AN somewhere.
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