Nonilex<p><a href="https://masto.ai/tags/Trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Trump</span></a>'s tariff formula confounds the world, punishes the <a href="https://masto.ai/tags/poor" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>poor</span></a></p><p>Ridiculed for trade <a href="https://masto.ai/tags/tariffs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>tariffs</span></a> on frozen islands largely inhabited by penguins, Trump's formula for levies has a serious side: it is hitting some of the world's poorest nations hardest.</p><p>The math is simple: take <a href="https://masto.ai/tags/US" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>US</span></a> goods <a href="https://masto.ai/tags/trade" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>trade</span></a> deficit w/a country, divide it by that country's exports to the US & turn it into a percentage; cut that figure in half to produce the US "reciprocal" tariff, w/a floor of 10%.</p><p><a href="https://www.reuters.com/world/trumps-tariff-formula-confounds-world-punishes-poor-2025-04-03/" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">reuters.com/world/trumps-tarif</span><span class="invisible">f-formula-confounds-world-punishes-poor-2025-04-03/</span></a></p>