I have to admit, I’m a bit confused by “tariff math.” My idea of reciprocal is that you charge us 5% for XYZ, so we will now charge you 5% for XYZ. Instead, it looks like a number for each country was calculated. That number is titled (in what will likely become a famous or infamous chart): Tariffs Charged to the U.S.A., including Currency Manipulation and Trade Barriers. Currency Manipulation as a percentage seems difficult to calculate? What portion of a currency move is “manipulation” as opposed to market forces? Trade barriers, does this include VAT? Currency restrictions (or is ... And I Thought the “New” Math Was Confusing