It’s genius really. He has the best people. Said so himself
Loosers
This can’t be real… Except I absolutely believe that this administration would do something so dumb
It’s still April 1st
It is not economic policy, so the formula doesn’t matter much.
It is an autocratic, political weaponization of the presidency. It is meant to hammer the world into a depression, and to destroy the united states dollar and economy through hyperinflation.
Government will bail out, then privatize critical industry, creating new U.S. oligarchs who run these intertwined businesses.
Exactly the same as what happened in Russia.
All supported by a muzzle and control of the public news, universities, and health+science agencies.
honestly, countries like Cambodia are small and poor.. they can’t afford anything American
Cambodian exports make a huge difference to its citizens.. it’s like a rounding error for America..
this is so horrible.. i could have substituted any number of countries for Cambodia
i figured it was some stupid math like this…
looked up other country tariffs and they are 1%, 2% or 4-8% depending on source.. at the lower end, they just seem like admin fees.
Basically, just look at the first table, and the column “Ratio of exports to imports”.
If that number is greater than 1, that country gets a 10% import tariff.
If the number is under 1, then the they calculate “tariffs charged to the USA” by the calculation: 1 minus number from “ratio of exports to imports”, and multiply by 100% of the percentage. And the reciprocal tariff against them will currently be half of that.
But I think the first part is important: the chart Trump is using is a flat out lie. The countries which US have a positive trade balance have effectively a “negative tariff” by the way Trump and his team have calculated the tariffs, but they still get hit with the universal 10% tariff.
In other words, if the US has a positive trade balance with you, you get now rewards – only the least amount of punishment.
7 comments
It’s genius really. He has the best people. Said so himself
Loosers
This can’t be real… Except I absolutely believe that this administration would do something so dumb
It’s still April 1st
It is not economic policy, so the formula doesn’t matter much.
It is an autocratic, political weaponization of the presidency. It is meant to hammer the world into a depression, and to destroy the united states dollar and economy through hyperinflation.
Government will bail out, then privatize critical industry, creating new U.S. oligarchs who run these intertwined businesses.
Exactly the same as what happened in Russia.
All supported by a muzzle and control of the public news, universities, and health+science agencies.
honestly, countries like Cambodia are small and poor.. they can’t afford anything American
Cambodian exports make a huge difference to its citizens.. it’s like a rounding error for America..
this is so horrible.. i could have substituted any number of countries for Cambodia
i figured it was some stupid math like this…
looked up other country tariffs and they are 1%, 2% or 4-8% depending on source.. at the lower end, they just seem like admin fees.
Basically, just look at the first table, and the column “Ratio of exports to imports”.
https://en.wikipedia.org/wiki/List_of_the_largest_trading_partners_of_the_United_States
If that number is greater than 1, that country gets a 10% import tariff.
If the number is under 1, then the they calculate “tariffs charged to the USA” by the calculation: 1 minus number from “ratio of exports to imports”, and multiply by 100% of the percentage. And the reciprocal tariff against them will currently be half of that.
But I think the first part is important: the chart Trump is using is a flat out lie. The countries which US have a positive trade balance have effectively a “negative tariff” by the way Trump and his team have calculated the tariffs, but they still get hit with the universal 10% tariff.
In other words, if the US has a positive trade balance with you, you get now rewards – only the least amount of punishment.
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