Comment by generj

For China maybe, I doubt any serious analysts were expecting this high of tariffs on most other countries, like Mexico, the UK, and Canada.

The methodology of counting non-price barriers on certain goods then applying it across the board on all goods as tariffs is bonkers. Doubtlessly they aren’t including all the non-price tariffs the US imposes on other countries either.

I’m extremely skeptical the EU has effective tariff rates of 40% on all US goods, and furthermore skeptical that if so the US doesn’t have countervailing effective tariff rates at the same rate.