human1234 Posted April 3 Report Posted April 3 Just figured out where these fake tariff rates come from. They didn't actually calculate tariff rates + non-tariff barriers, as they say they did. Instead, for every country, they just took our trade deficit with that country and divided it by the country's exports to us. https://www.reddit.com/r/WallStreetbetsELITE/s/50Dk8KjfYI Quote
human1234 Posted April 3 Author Report Posted April 3 https://www.cnn.com/business/live-news/tariffs-trump-news-04-02-25#cm90rlbba002v3b6n9mnoqq92 Quote
human1234 Posted April 3 Author Report Posted April 3 Analysis: This is the dubious way Trump appears to have calculated his "reciprocal" tariffs From CNN's David Goldman President Donald Trump’s massive tariffs announced on dozens of nations Wednesday were pitched as “reciprocal,” matching what other countries charge the United States dollar for dollar, even taking into account non-tariff barriers like value-added taxes and other such measures. But the actual calculation the Trump administration seems to have used appears as though it is not reciprocal at all. Matching countries’ tariffs dollar for dollar is an incredibly difficult task, involving pouring over each country’s tariff schedule and matching a complex array of products, each of which take different charges for different variants. Instead, the Trump administration seems to have used quite a simple calculation: the country’s trade deficit divided by its exports to the United States times 1/2. That’s it. The calculation was first suggested by journalist James Surowiecki in a post on X and backed up by Wall Street analysts. For example, America’s trade deficit with China in 2024 was $295.4 billion, and the United States imported $439.9 billion worth of Chinese goods. That means China’s trade surplus with the United States was 67% of the value of its exports — a value the Trump administration labeled as “tariff charged to USA.” But it was no such thing. “While these new tariff measures have been framed as ‘reciprocal’ tariffs, it turns out the policy is actually one of surplus targeting,” noted Mike O’Rourke, chief marketing strategist at Jones Trading in a note to investors Wednesday. “There does not appear to have been any tariffs used in the calculation of the rate. The Trump administration is specifically targeting nations with large trade surpluses with the United States relative to their exports to the United States,” he added. The simple calculation used by the Trump administration could have broad implications for countries America depends on for goods — and the global companies that supply them. “Knowing how these rates were calculated highlights that they are generally going to be most severe on the nations that US companies rely heavily upon in their supply chain,” O’Rourke said. “It is hard to imagine how these tariffs would not wreak havoc upon the profit margins of major multinational corporations.” Quote
Konebhar6 Posted April 3 Report Posted April 3 1 hour ago, human1234 said: @Konebhar6bro endhi ee logic Amanna ante, bring back American jobs antadu. Ikkada Artificial Intelligence emo, no humans needed Antaru. Tough to be a human these days 1 1 Quote
Moon_Walker Posted April 3 Report Posted April 3 59 minutes ago, Konebhar6 said: Amanna ante, bring back American jobs antadu. Ikkada Artificial Intelligence emo, no humans needed Antaru. Tough to be a human these days Our generation were pure lucky to be right at the point of Technology revolution and had a good run so far. But i fear for the next gen kids and where they will end up with all these changes happening so fast. Andarini oka Matrix lo padesi plug lu pedithe oka pani ayipothadhi. Atleast we will survive in the dream world as long as we live even though machines control us. Quote
Sucker Posted April 3 Report Posted April 3 1 minute ago, Moon_Walker said: Our generation were pure lucky to be right at the point of Technology revolution and had a good run so far. But i fear for the next gen kids and where they will end up with all these changes happening so fast. Andarini oka Matrix lo padesi plug lu pedithe oka pani ayipothadhi. Atleast we will survive in the dream world as long as we live even though machines control us. Manadhi manam chuskundham valla sangathi valladhi. Shitizenship ichi paisal manake ichi Quote
Moon_Walker Posted April 3 Report Posted April 3 23 minutes ago, Sucker said: Manadhi manam chuskundham valla sangathi valladhi. Shitizenship ichi paisal manake ichi How can we not think of next gen man? What does that make us? India la ee attitude thone mottham desam sankanaakioyindhi....Dont care for anything just loot as much as possible in all shortcut paths by destroying institutions, environment and society and then run away and settle in a foreign country. Quote
Sucker Posted April 3 Report Posted April 3 1 minute ago, Moon_Walker said: How can we not think of next gen man? What does that make us? India la ee attitude thone mottham desam sankanaakioyindhi....Dont care for anything just loot as much as possible in all shortcut paths by destroying institutions, environment and society and then run away and settle in a foreign country. They will take care of it anna. No worries. Quote
Konebhar6 Posted April 3 Report Posted April 3 5 hours ago, Moon_Walker said: Our generation were pure lucky to be right at the point of Technology revolution and had a good run so far. But i fear for the next gen kids and where they will end up with all these changes happening so fast. Andarini oka Matrix lo padesi plug lu pedithe oka pani ayipothadhi. Atleast we will survive in the dream world as long as we live even though machines control us. They have to adapt. AI will open up many new areas. Keep an open eye and an appetite for learning. Quote
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.