Japan

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All eyes on Japan

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State of the trenches

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Vitalik announces reciprocal tariffs on L2s

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In case you missed this part of Trump’s Rose Garden speech

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The formula the for calculating the "reciprocal tariffs” has been reverse engineered

They took the trade deficit the US has with each country and divided it by the imports from that country

This chart shows the predictions of this formula plotted against the actual new tariff rates

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