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Bernardo de La Paz

(60,320 posts)
4. They are all done by a simple bogus formula: goods deficit divided by total goods trade
Thu Apr 3, 2025, 06:53 PM
Apr 2025

Then divide in half to get the bogus "discounted" tariff rate.

If the numerator (goods deficit) is negative, as in the case of UK, just assign 10%. Penalize them anyway.
If the denominator is zero (no goods traded), who cares, just assign 10% and put them on the chart.

This has no basis in the work of any economist. It is nonsense.

The tRump people are so stupid and incompetent that they think that if they equalize (hah!) things by imposing tariffs, then the trade will automatically go into balance. Because as tRump and Lutnick and Navarro said yesterday and today: this is not for negotiation. These are the tariffs.

Recommendations

2 members have recommended this reply (displayed in chronological order):

In many cases it looks like he mistook trade deficits for tariffs. Scrivener7 Apr 2025 #1
He reached down and pulled the numbers out of his fat ass. n/t rzemanfl Apr 2025 #2
Try this post from yesterday. nature-lover Apr 2025 #3
They are all done by a simple bogus formula: goods deficit divided by total goods trade Bernardo de La Paz Apr 2025 #4
No, but here's a source for the real figures. sinkingfeeling Apr 2025 #5
They divided trade imbalances by the total imports from the same country underpants Apr 2025 #6
Of couse. He had an advisor. Ping Tung Apr 2025 #7
Sure do, gotcher Ouija board at the ready? marble falls Apr 2025 #8
Maybe the numbers came from Penske File? Captain Zero Apr 2025 #9
I was going for the magic 8 ball but that will do.... Tadpole Raisin Apr 2025 #10
He looked at his own poop and saw numbers. milestogo Apr 2025 #11
it's snake oil ... DoBW Apr 2025 #12
Chat GPT. Ms. Toad Apr 2025 #13
What's the Math Behind Trump's New Tariffs? struggle4progress Apr 2025 #14
Here are some examples of how the tariffs are calculated including Vietnam which is being hammered by this formula LetMyPeopleVote Apr 2025 #15
Trump's Tariff Formula Slammed As 'Fake' And 'Incredibly Stupid' By Experts LetMyPeopleVote Apr 2025 #16
The formula for Trump's tariffs is stupid LetMyPeopleVote Apr 2025 #17
The Trump White House keeps trying (and failing) to make mathematical formulas work LetMyPeopleVote Apr 2025 #18
John Oliver explains trump's tariff formula LetMyPeopleVote Apr 2025 #19
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