X @Nick Szabo

Tariff Rates Analysis - The study indicates that the effective US tariff rate on Chinese goods prior to the Trump-Xi deal in Busan was 278%, significantly lower than the 570% figure quoted by Trump [1] - Post-deal, with a 10% reduction, the new effective US tariff on Chinese goods is estimated to be approximately 178%, contrasting with Trump's quoted 470% [2] - The discrepancy arises because the commonly cited rate is the statutory tariff rate, while the effective tariff rate accounts for exemptions on products like semiconductors, pharmaceuticals, and rare earths, reflecting tariffs actually paid by US consumers [3]