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Trump’s “Tariff” Numbers Are Just Trade Balance Ratios https://www.bocvip.com/816148/trumps-tariff-numbers-are-just-trade-balance-ratios/ #Bonds #business #CurrentTrends #economy #Investment #IPOs #predictions #stocks
BOCVIP · Trump's 'Tariff' Numbers Are Just Trade Balance RatiosThese 'tariff' numbers provided by the administration are just ludicrous. They don't reflect any version of reality where real tariffs are concerned. I was convinced they weren't just completely made up, though, and their talk about trade balances made me curious enough to dig in and try to find where they got these numbers. This guess paid off immediately. As far as I can tell with just a tiny bit of digging, almost all of these numbers are literally just the inverse of our trade balance as a ratio. Every value I have tried this calculation on, it has held