Summary

Trump’s tariff formula, based on trade deficits divided by export values, has imposed disproportionately high tariffs on poor nations, with Madagascar facing 47%, Lesotho 50%, and Cambodia 49%.

Critics say the method unfairly punishes countries that import little from the U.S. and lacks credible economic basis.

Rich countries like EU members are also affected, with a 20% tariff branded a “colossal inaccuracy.”

Economists and trade experts question whether this mechanical approach leaves room for negotiation, warning it strains alliances and undermines global trade norms.

    • Lucy :3@feddit.org
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      11 months ago

      The golden rule of capitalism, and therefore especially the US, is “Fuck everyone except rich nazis”