Trump is also treating this as if it were a business deal – which is how he treats everything.

I mean, if anything, we are finally seeing what happens when you run a country like a business (spoiler: it is not going to be good)

We’re going to have to go through a little tough love, maybe but they all understand. They’re ripping us off and they understood it.

He has announced that the US has added up every tariff and non-monetary trade barrier to US imports in each country, and then halved it. So if Japan is considered to have put a 46% tariff on US imports (which would be paid by the Japanese importer and then consumer) then the US will put on a 23% tariff on all Japanese goods (this is an example, not actual figures)