Liz Upton
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lizu.bsky.social
Liz Upton
@lizu.bsky.social
Founder, VC, nuisance. Interests include negronis, raspberries, hard sums.
(2 of 2)The numbers weren't making sense, so I picked Sri Lanka randomly to try to find out what this 88% tariff the US describes really is.

It's not a tariff. It's the trade gap. ustr.gov/countries-re... The US exports 88% less stuff to Sri Lanka than it imports. That's all there is to see here.
Sri Lanka
The United States and Sri Lanka held the sixth bilateral Council meeting under the U.S.-Sri Lanka Trade and Investment Framework Agreement (TIFA) in May 2008. At the meeting, the United States stresse...
ustr.gov
April 3, 2025 at 11:27 AM
(1 of 2) Two objections here: for heaven's sakes, order your data. You have three columns, so order alphabetically or go by number. (Although I guess chaos is the point.)

And also, and probably more importantly, these figures that they say the US is being charged are completely made up.
April 3, 2025 at 11:22 AM
Want an example of just how batshit these new tariffs are?

Apparently the Falkland Islands got hit with 41%. They have three thousand inhabitants and exported $306 million of products in 2019. Which included $255 million in exports of mollusks and $30 million of frozen fish.
April 3, 2025 at 10:30 AM
July 6, 2023 at 11:04 AM