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Halls of Shrewd'm / US Policy❤
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Author: commonone ✸🐝 HONORARY
SHREWD   😊 😞
Number: of 48448 
Subject: How Trump Calculated Tariffs Charged to US
Date: 04/02/2025 10:06 PM
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No. of Recommendations: 20
You thought a sophisticated, complex math formula that included a detailed analysis of currency manipulations and trade barriers was painstakingly formulated, right?

Nope.

The Trump geniuses simply took our trade deficit with each country and divided it by the country's exports to us.

That's it.

For example, our trade deficit with Indonesia is $17.9 billion. Indonesia exports $28 billion of goods to us. $17.9/$28 = 64%, King Donald's magic tariff rate that he believes Indonesia charges us.

The currency manipulation and trade barrier nonsense it just that: nonsense.

We are so doomed.

Thank God so few Americans have their retirement savings in the stock market.

Oh wait.
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Author: PucksFool ⎊🐝  😊 😞
Number: of 48448 
Subject: Re: How Trump Calculated Tariffs Charged to US
Date: 04/03/2025 6:23 AM
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Remember the movie, The Hunt for Red October?

Trump thinks he's the US submarine captain. He's not

He is the Russian captain.

https://youtu.be/5kaBIMuW74Q?si=yAvmfevvTqcxMqhU
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Author: albaby1 ✶🐝 HONORARY
SHREWD   😊 😞
Number: of 48448 
Subject: Re: How Trump Calculated Tariffs Charged to US
Date: 04/03/2025 8:02 AM
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Yes - as pointed out in the other thread, these are just fabrications. They have no relation to the actual tariff rates, or the actual non-tariff barriers, that exist in other countries. They're just there to try to justify the tariff levels that the Administration wanted to impose.

Going to be a rough day in the U.S. markets....
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Author: ptheland ✭  😊 😞
Number: of 48448 
Subject: Re: How Trump Calculated Tariffs Charged to US
Date: 04/03/2025 10:03 AM
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Going to be a rough day in the U.S. markets....

World markets, too, I expect.
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Author: weatherman   😊 😞
Number: of 48448 
Subject: Re: How Trump Calculated Tariffs Charged to US
Date: 04/03/2025 11:12 AM
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No. of Recommendations: 2
if we could only invest into the MAGA excuse economy.
prior attempts at retrospective attribution of trump's actions to some genius have flopped, but that never stopped them before :
https://unemployedvaluedegen.substack.com/p/cuttin...


remember those naive days when MAGA was upset about consumer and durable good price levels?
it will soon be accepted, via rightwing media, that other nations are at fault because they are freeloaders that always hated america.
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