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This... this can't possibly be true. The stupidity burns. I sold ~15% of my equities over the last six weeks. Should have sold 215%

From James Surowiecki:

Just figured out where these fake tariff rates come from. They didn't actually calculate tariff rates + non-tariff barriers, as they say they did. Instead, for every country, they just took our trade deficit with that country and divided it by the country's exports to us.
[...]
What extraordinary nonsense this is.