its not tariffs
Trump took the trade surplus the US has with those countries and calcuated the percentage from that.
Trump took the trade surplus the US has with those countries and calcuated the percentage from that.
It's an incredibly simplistic calculation that definitely doesn't equate to the country's tariff rate.
For example, in 2024, the total value of US trade in goods with China was approximately $582.4 billion, comprising $143.5 billion in exports and $438.9 billion in imports. [0]
(438.9-143.5)/438.9=67.3%
[0] https://ustr.gov/countries-regions/china-mongolia-taiwan/peo...