It seems like they have, generally speaking, made up the numbers by dividing the total value of imports vs exports with that country. So if the USA imports $200,000,000 of stuff from Switzerland and exports $100,000,000, they’re saying that that means Switzerland has 50% effective tariffs against America (no, this does not make any goddamn sense, but it appears to be what they’re doing), and then “reciprocating” with half of that number, so 25% tariffs on Switzerland. 10% is the floor which they’re applying no matter what… except for on Russia, apparently
The UK presumably imports more American stuff, proportionate to exports, than the EU does
It seems like they have, generally speaking, made up the numbers by dividing the total value of imports vs exports with that country. So if the USA imports $200,000,000 of stuff from Switzerland and exports $100,000,000, they’re saying that that means Switzerland has 50% effective tariffs against America (no, this does not make any goddamn sense, but it appears to be what they’re doing), and then “reciprocating” with half of that number, so 25% tariffs on Switzerland. 10% is the floor which they’re applying no matter what… except for on Russia, apparently
The UK presumably imports more American stuff, proportionate to exports, than the EU does