Trump claims the following :
China "Tariff" is 67%
EU "Tariff" is 39%
Vietnam "Tariff" is 80%
In reality that number is not the Tariff, it is the trade imbalance.
Example: We import 401B from China and export 131B. (401-131)/401= 67%
The real trade-weighted Tariffs are:
China: 4%
EU: 3%
Vietnam: 6%
https://x.com/yuriymatso/status/1907628578965196826
I ran it by Google's Co-Pilot AI and this is what I got:
Vietnam's trade-weighted average tariff on U.S. goods is approximately 5.1%, compared to the U.S.'s average of 2.2%
...Trump will soon find out that his team's calculation of tariff rates is both over the top and misguided and he may have to do a reverse course
US can't hit Vietnam with 46% tariff when Vietnam actually only applied 5.1% on US.
So folks, US tariff rates are far from being reciprocal, they are at levels that is bound to destroy existing trade volumes.
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Trump claims the following : China "Tariff" is 67% EU "Tariff"...
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