The Financial Times, Brazil and China will benefit the most from Trump's tariff policies. However, these two countries are precisely the ones that Trump criticizes the most and threatens to impose heavy tariffs on.
Now, with a unified tariff rate of 15%, they will actually become the biggest beneficiaries.
For example, Brazil's average tariff rate will drop by 13.6 percentage points, while China's will fall by 7.1 percentage points. Meanwhile, America's allies - the UK, the EU, and Japan - will be hit the hardest.
...Bloomberg's commentary is similar.
Original article: toutiao.com/article/1857980411836553/
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