politics

BREAKING: Trump has issued new tariffs:

20% on the Philippines 
25% on Brunei 
25% on Moldova 
25% on Japan 
25% on South Korea 
25% on Malaysia 
25% on Tunisia 
25% on Kazakhstan 
30% on Algeria 
30% on Iraq 
30% on Libya 
30% on Bosnia and Herzegovina 
30% on South Africa 
32% on Indonesia 
35% on Bangladesh 
35% on Serbia 
36% on Thailand 
36% on Cambodia 
40% on Myanmar 
40% on Laos

Anyone know why Laos is getting corked here?

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Trade deficit. He thinks a trade deficit is a budget deficit.