Trump has released his big tariffs plan and most observers are stunned, not just by the size and scope of the tariffs ,but also by the bizarre reasoning that has been given for the numbers
It is clear from the reasoning given for the sizes of the tariffs that Trump sees things in very simplistic terms. He thinks that the US should have a trade surplus with every other country and that if it has a deficit, that must be because those countries are engaging in unfair trade and should be punished accordingly. That is how he arrived at his tariff numbers.
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