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I think it's basically reciprocal adjusted for trade deficit, with a floor of 10%.

So obviously you'll end up with 10% on all sorts of places where you actually have a trade surplus and no tarrifs on your goods, or, yes, islands inhabited only by penguins.

But some of those places aren’t even countries. As already stated - weird.

It’s almost like it wasn’t well thought out.

> It’s almost like it wasn’t well thought out.

Joke of the month.

Thankfully this is the only thing which this administration hasn't thought out as well as it should have.

Only barely four years left, yaaaay!

I'm not saying they make sense but according to the US Trade Representative this is the equation used to calculate the tariffs:

https://ustr.gov/issue-areas/reciprocal-tariff-calculations

For many countries patter look like ($USA-import - $USA-export)/$USA-import.