Sylvain Saurel’s Newsletter

Sylvain Saurel’s Newsletter

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Sylvain Saurel’s Newsletter
Sylvain Saurel’s Newsletter
Here’s How Trump’s New Tariffs Were Inflated by 400%.

Here’s How Trump’s New Tariffs Were Inflated by 400%.

This brings us back to the historical precedents of 1922 and 1929, which a few years later led to the Second World War.

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Sylvain Saurel
Apr 07, 2025
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Sylvain Saurel’s Newsletter
Sylvain Saurel’s Newsletter
Here’s How Trump’s New Tariffs Were Inflated by 400%.
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It's April 7, 2025, and the world is just beginning to understand the scale of the economic disaster into which Donald Trump is dragging it.

It all began on April 2, 2025, with the Liberation Day announcement.

I'm sure you remember the moment when Donald Trump held up and showed the world an item with reciprocal tariffs:

The formula used by Donald Trump to compute these tariffs might seem rather simple at first glance. Donald Trump had said that America would simply charge foreign countries 50% of what they charged America.

For a country imposing 50% tariffs on America, America would charge the country 25% tariffs in return. President Trump said at the time that he was doing this out of great leniency rather than applying 1:1 tariffs.

However, a little digging soon reveals that Donald Trump's simplistic mathematical formula doesn't hold water. So, how were the tariff rates on the item presented by Trump calculated?

Let's find out. You'll see that America has calculated inflated tariff rates of over 400%... You'll also see that the current situation is reminiscent of the historical precedents of 1922 and 1930, which ultimately led to the disaster that was the Second World War.


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