A tale of two countries

Fascinating to compare the tariffs imposed by Donald Trump on two countries.

Country A

  • Has zero tariffs on US imports
  • Has a Free Trade Agreement with the United States
  • Imports ($34.6 billion) twice as much from the US as they export (16.7 billion) to them meaning the US has a trade surplus with them
  • Is a very close and formal ally of the US, in multiple alliances with them
  • Has had a 10% tariff imposed on them

Country B

  • Imposes tariffs on US imports, above the level allowed by the WTO
  • Has no Free Trade Agreement with the United States
  • Imports ($526.1 million) one sixth as much from the US as they export ($3.0 billion) to them meaning the US has a trade deficit with them
  • Is a historic geopolitical foe of the US
  • Has had a 0% tariff imposed on them

What great work. I am sure most people can work out who the two countries are.

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