Second grade math FTW

It is important to realize that the Trump administration did absolutely no genuine analysis of currency manipulation or regulatory trade barriers. They simply assumed a baseline minimum of 10% and then calculated tariffs according to the ratio of exports and imports. It wouldn't even matter if you had zero tariffs, a currency pegged to the dollar, and regulations perfectly harmonized with the U.S., if your country exported more to the U.S. than it imported, you'd still get hit by tariffs. Rather than penalizing countries that truly obstruct trade, Trump basically ended up punishing strategic partners and suppliers of vital goods. Even the earliest mercantilist authors recognized at least one crucial principle: what's important isn't a positive trade balance with each individual country, but rather the overall balance. Because in international trade you'll naturally have countries from which you import more and others to which you export more—these groups rarely perfectly overlap. I'm afraid the thinking behind the Trump administration’s policies on this matter hardly progressed beyond the 16th century. Via Vláďa Krupa

Vláďa Krupa

Je důležité si uvědomit, že Trumpova vláda nedělala absolutně žádnou analýzu mě...

Gonna need some sourcing on this one. Seems like a reddit post