Tariffs: Trump Is Punishing Poor Countries Which Export More To The Us Than They Import

Words : Nicoli Nattrass /GroundUp

Listening to US President Donald Trump pontificating about how he was going to stop the cheating in international trade by implementing reciprocal tariffs, one might think that America had finally become fed up with an uneven playing field and was taking corrective measures.

Whatever they charge us, he said, we reciprocate - but because he is being kind, the US tariffs will only be half of what other countries are costing the US.

This is nonsensical spin.

Trump's calculation has little to do with the tariffs/levies other countries place on American goods.