Economists trump cited on tariff math says he got it all wrong

JimH52

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China doesn't allow their currency to float, they erect barriers to trade and outright block foreign competition, you have NO legal recourse in China if you have a dispute, they apply tariffs, use slave labour (often in the shadows since few operate on the ground there, similar to Stalins gulags which the West didnt know about), they aggressively fund and demand ownership in domestic companies to flood markets and destroy competition until they have a monopoly.

On and on. I haven't even gotten into the IP theft, spying, poisoning of Americans etc.

A 50% tariffs against Chinese products is a gift. If they knew 30 years ago that they would be able to get away with all they have, they would happily trade their situation today from where they were then, even if being hit with a 150% tariff.
 
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I could find none, and I am usually pretty decent with multiple search arguments.
The only economist I found who supported the tariffs is the man who went to prison for the Felon in Chief.

 

But the narcissistic man in the WH thinks he is the smartest man in the world. He is not. But he is dooming the repub party in 2026. Thanks Donnie!
‘Neiman warned readers about the consequences of Trump’s faulty math: “The reciprocal tariffs have enormous implications for workers, firms, consumers and stock markets around the globe. But the methodology note offers shockingly few details.”

Neiman’s far from the first expert who has critiqued Trump’s strategy. He’s even been slammed by far-right MAGA members like Ben Shapiro, who did a 180 on the president when he called the tariffs “probably unconstitutional” and “pretty crazy.” He also agreed that the president’s math was simply wrong and his vision was “mistaken.”’

Trump is as stupid as he is incompetent.
 
The only economist I found who supported the tariffs is the man who went to prison for the Felon in Chief.


It has his fingerprints all over it. And he whispers in Trump’s ear.

Thstv”Green Bay sweep” thing didn’t turn out to well either!
 
China tells trump on his 50% tariff threat to Pound Sand. Guess who is going to pay the bills for trump's stupid ego trip? That would be you and me.

 
China tells trump on his 50% tariff threat to Pound Sand. Guess who is going to pay the bills for trump's stupid ego trip? That would be you and me.

You buy a lot of Chinese shit?
 
Trump is selling that tariffs are the problem for America's trade imbalance. I'm not buying it.
 
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