None of these numbers Trump is talking about are real. They are not reciprocal tariffs because he is coming up with any reason he wants to put a tariff on – “non-tariff barriers” for example in his head is a GST or our biosecurity measures that stop diseases coming into Australia that apply to every country we trade with not just the USA.

He’s decided to just come up with a number that he thinks represents that and then halved that nonsensical number to make it look like he is being good – and probably because maybe someone close to him told him maybe it is best to just partially destroy the US economy not completely destroy it”