Originally Posted by
Ninthace
The data I found says in 2023 the US exported $53M to Iran and Imported $869K from Iran.
That is a trade deficit of $52,1. 52.1/0.869 = @60 Divide by 2 should give a 30% tariff,
Of course, as the Economist points out , this approach is economic illteracy .................... The Falkland's sells the US $27 mm of fish and buys... bugger all - mainly Microsoft software etc. So they have a 42% tariff. Weird.