Tariffs on Penguins

4/3/25 NPR discusses how Trump's tariff schedule includes many places with whom we have no trade,  often because they are only inhabited by penguins. 

This is unsurprising.   The tariffs are calculated by a formula based on balance of payments.   Spreadsheet.   Copy and paste country code list.  Lookup balance of payments data with LOOKUP function.  Add a formula to column C to calculate tariff.  No balance of payments imbalance?  Automatic 10%.

He is not angry at penguins.