> I haven't heard a single analyst find sense in how tariff levels were set per country - someone did notice that it appeared a very simple formula had been applied, one that has no basis in economic theory.

I find it funny people keep talking about someone figuring out it out when they actually published it, including the reasoning with references at the bottom: https://ustr.gov/issue-areas/reciprocal-tariff-calculations

People figured it out first that what they'd done was

    tariff_rate = deficit / imports
Then they published the above article trying to claim it was more complex than that, except people pointed out that the formula they gave reduces to

    tariff_rate = deficit / imports
So it was a rather foolish effort.