The White House is basically woke now, this is like every dumbass academic paper where they make some incredibly stupid claim but cover it up by using Greek symbols.
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Kush Desai
@KushDesai47
No we literally calculated tariff and non tariff barriers.
ustr.gov/issue-areas/re
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The formula used in the image specifies a delta tariff rate derived from:
( exports - imports ) / imports
This is essentially equivalent to the original post, and includes no terms for the tariff rate charged by the exporting country.
ustr.gov/issue-areas/re…
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