> Reciprocal tariffs are calculated as the tariff rate necessary to balance bilateral trade deficits between the U.S. and each of our trading partners. This calculation assumes that persistent trade deficits are due to a combination of tariff and non-tariff factors that prevent trade from balancing.
You know, I need to put a tariff on my local grocery store. They keep taking advantage of me by selling me food, when I export nothing to them!