“Unusual Nons”: The American author “bad mathematics” says to Trump on the customs tariff, it ignores the services, and the White House pays the back

On Thursday, journalist and author James Soriki called on the Trump management methodology to calculate the new “mutual” definitions, on Thursday, on Thursday, on Thursday, the pretext that the numbers are based on a misleading formula. In a series of tweets, Surowiecki claimed that instead of measuring the actual and non -carriers, the administration is dividing the American trade deficit with each country on the total value of the imports of that country.

“So we have a $ 17.9 billion commercial deficit with Indonesia. Its exports to us are $ 28 billion. $ 17.9/28 dollars = 64 %, which is called Trump is the rate of customs tariffs Indonesia that receives us.

He also pointed out that the administration ignores the surplus of the United States in the trade and meat trade only in goods when calculating the supposed tariff rates imposed by foreign countries. He said that this leads to completely inaccurate claims – such as South Korea, which receives a 50 % tariff on American exports, or the European Union, which imposes a 39 % tariff, none of them is correct.

In addition to the controversy, Surowiecki highlighted that a coffee tariff in Indonesia was using a 32 % tariff on Indonesian coffee imports – even though the United States does not export coffee to Indonesia in the first place. “He literally does not understand the concept of the relative feature,” Surowiecki, a former financial columnist at The New Yorker, referred to President Donald Trump.

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Meanwhile, White House Press Secretary Kush Desai fired again, claiming that Surowiecki was incorrect and that the administration was “literally” calculated customs tariff rates by measuring the actual tariffs and commercial barriers for each country.
“No, we calculated a tariff and barriers other than tariffs,” Tweet while participating a screenshot of the formula used – one of them argues in the claim of his claim.

“When you back away from Greek symbols, what is that formula? The deficit/commercial imports – except for what I said,” Surowiecki answered.

According to Surowiecki, this defective methodology explains why the customs tariff rates imposed by Trump on Latin American countries less – during the United States have a smaller trade deficit with them – while the rates imposed on Asian countries are much higher due to the largest trade deficit.

“This is just a function they used,” he said.