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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A) ❤
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Author: knighttof3   😊 😞
Number: of 15056 
Subject: Re: Berkshire and Tariffs
Date: 04/04/2025 10:11 AM
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Look at the table*. Every single country that got hit with "reciprocal" tariffs still taxes us as much or more than we tax them, sometimes a lot more.

That was exactly my initial reaction before my friend pointed out that the Trump White House made up the percentage numbers. The percentage is not based on actual tariffs or trade barriers. They are based on the trade deficit that the US has with that country regardless of how much that country actually taxes US imports or how free the markets in that country are. And this deficit is based solely on US goods, not US services where US usually runs a trade surplus.
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