The conservative think tank AEI says the tariff formula makes no sense -- AND a math error made the numbers even worse.

[C_Clayton_Jones]

‘The formula for the tariffs, originally credited to the Council of Economic Advisers and published by the Office of the United States Trade Representative, does not make economic sense. The trade deficit with a given country is not determined only by tariffs and non-tariff trade barriers, but also by international capital flows, supply chains, comparative advantage, geography, etc.

But even if one were to take the Trump Administration’s tariff formula seriously, it makes an error that inflates the tariffs assumed to be levied by foreign countries four-fold. As a result, the “reciprocal” tariffs imposed by President Trump are highly inflated as well.’

President Trump’s Tariff Formula Makes No Economic Sense. It’s Also Based on an Error.

President Trump on Wednesday announced tariffs on practically every foreign country (and some non-countries), ranging from a 10 percent minimum all the way up to 50 percent. He described the tariffs as reciprocal; however, they are nothing of the sort.

www.aei.org

A failed Trump ‘administration’ of incompetence and blind stupidity.

Further proof Trump is unfit to be president.

 

[Correll]

‘The formula for the tariffs, originally credited to the Council of Economic Advisers and published by the Office of the United States Trade Representative, does not make economic sense. The trade deficit with a given country is not determined only by tariffs and non-tariff trade barriers, but also by international capital flows, supply chains, comparative advantage, geography, etc.

But even if one were to take the Trump Administration’s tariff formula seriously, it makes an error that inflates the tariffs assumed to be levied by foreign countries four-fold. As a result, the “reciprocal” tariffs imposed by President Trump are highly inflated as well.’

President Trump’s Tariff Formula Makes No Economic Sense. It’s Also Based on an Error.

President Trump on Wednesday announced tariffs on practically every foreign country (and some non-countries), ranging from a 10 percent minimum all the way up to 50 percent. He described the tariffs as reciprocal; however, they are nothing of the sort.

www.aei.org

A failed Trump ‘administration’ of incompetence and blind stupidity.

Further proof Trump is unfit to be president.

Don't care on any level.

 

[konradv]

Don't care on any level.

The motto of the MAGA sheeple.

 

[Correll]

The motto of the MAGA sheeple.

The left keeps bringing up points that... don't matter to me.

His point seems to be that Trump's tariffs are unfair to our trading partners.

MY perseptive on this, is of the RUST BELT, where my much of my life and my life experiences have been in the context of our "TRADING PARTNERS" completely FUCKING my community and my people.


So, my appealling to my SYMPATHY for our trading partners is just not going to work.


FUCK THEM.

 

[jwoodie]

Further proof Trump is unfit to be president.

Further proof that your "analysis" is BS propaganda. First, it ignores the economic benefits and greater employment of these tariffs. Secondly, it faults the "50%" tariff calculations as not being exactly precise measurements of intangible factors. Third, it does not recognize that these tariffs are intended to be starting points for bilateral negotiations with other countries.

 

[konradv]

The left keeps bringing up points that... don't matter to me.

His point seems to be that Trump's tariffs are unfair to our trading partners.

MY perseptive on this, is of the RUST BELT, where my much of my life and my life experiences have been in the context of our "TRADING PARTNERS" completely FUCKING my community and my people.


So, my appealling to my SYMPATHY for our trading partners is just not going to work.


FUCK THEM.

The penguins aren’t happy. Word is they’re developing cold suits to get across the equator and into the North Atlantic to meet up with their new allies, the Greenlanders. One thing you have to say about Trump, he is a uniter.

PENGUIN POWER

 

[Correll]

The penguins aren’t happy. Word is they’re developing cold suits to get across the equator and into the North Atlantic to meet up with their new allies, the Greenlanders. One thing you have to say about Trump, he is a uniter.

PENGUIN POWER

You made a point. Well, more of an insult.


I addressed your point, and explained my reasoning on the issue being discussed.

You seem to be done with serious discussion now. That was pretty fast.

More and more we see this with liberals. THey know that they CAN'T engage. Becasue if they do, their arguments or positions fall apart almost immediately.

 

[wamose]

Rino think tank wants Trump out. What's new? Rinos blow almost as much as Democrats.

 

[konradv]

You made a point. Well, more of an insult.


I addressed your point, and explained my reasoning on the issue being discussed.

You seem to be done with serious discussion now. That was pretty fast.

More and more we see this with liberals. THey know that they CAN'T engage. Becasue if they do, their arguments or positions fall apart almost immediately.

Trump can talk about sharks, but I can’t talk about penguins? They’re mighty upset!

 

[elektra]

Who? I never heard of the? Who pays them to think? I bet doge cut their funding

 

[luiza]

Further proof Trump is unfit to be president.

You have taken a terrible beating Celia .
And it is driving you Crazy .

Eat your heart out Troll Bot , Globalisation is on the deck and barely twitching .
Just like you

 

[Correll]

Trump can talk about sharks, but I can’t talk about penguins? They’re mighty upset!

not as upset as the people of the RUST BELT, after being fucked by our "trading partners" for two generations.


That's my point, that you have not addressed. That was my COUNTER POINT to the op.


ie that's the topic.


You have anything to add, or you just here to spam negs?

 

[konradv]

not as upset as the people of the RUST BELT, after being fucked by our "trading partners" for two generations.


That's my point, that you have not addressed. That was my COUNTER POINT to the op.


ie that's the topic.


You have anything to add, or you just here to spam negs?

MAGA lies. There have been generations of growth and we’ve led the way. MAGA needs to quit blaming their personal problems on others.

 

[22lcidw]

The penguins aren’t happy. Word is they’re developing cold suits to get across the equator and into the North Atlantic to meet up with their new allies, the Greenlanders. One thing you have to say about Trump, he is a uniter.

PENGUIN POWER

That is more than Joe ever accomplished.

 

[Correll]

MAGA lies. There have been generations of growth and we’ve led the way. MAGA needs to quit blaming their personal problems on others.

Macro economic numbers hid the cost to the working class.

This has been discussed quite a bit.

AT this point, you are either playing dumb or really showing how little you pay attention.



I think you are just shit talking. It is part of your routine. Throw up a weak defense of the status quo , one that you know is false, and if it sticks then that is all you needed, if not, I am sure you have another line of defense ready to roll.

But the reality is that the left doesn't give a fuck about the US working class. If anything, they see us as "problematic".

 

[westwall]

The motto of the MAGA sheeple.

Go get your covid booster, simp.

 

[jbrownson0831]

‘The formula for the tariffs, originally credited to the Council of Economic Advisers and published by the Office of the United States Trade Representative, does not make economic sense. The trade deficit with a given country is not determined only by tariffs and non-tariff trade barriers, but also by international capital flows, supply chains, comparative advantage, geography, etc.

But even if one were to take the Trump Administration’s tariff formula seriously, it makes an error that inflates the tariffs assumed to be levied by foreign countries four-fold. As a result, the “reciprocal” tariffs imposed by President Trump are highly inflated as well.’

President Trump’s Tariff Formula Makes No Economic Sense. It’s Also Based on an Error.

President Trump on Wednesday announced tariffs on practically every foreign country (and some non-countries), ranging from a 10 percent minimum all the way up to 50 percent. He described the tariffs as reciprocal; however, they are nothing of the sort.

www.aei.org

A failed Trump ‘administration’ of incompetence and blind stupidity.

Further proof Trump is unfit to be president.

Breathe some air, facediaper....breathe some air.

 

[konradv]

Macro economic numbers hid the cost to the working class.

This has been discussed quite a bit.

AT this point, you are either playing dumb or really showing how little you pay attention.



I think you are just shit talking. It is part of your routine. Throw up a weak defense of the status quo , one that you know is false, and if it sticks then that is all you needed, if not, I am sure you have another line of defense ready to roll.

But the reality is that the left doesn't give a fuck about the US working class. If anything, they see us as "problematic".

It hurt those who didn’t improve themselves. Thinking things will always stay the same is unrealistic

 

[konradv]

That is more than Joe ever accomplished.

Joe had a growing economy; Donny’s is crashing!

 

[initforme]

Macro economic numbers hid the cost to the working class.

This has been discussed quite a bit.

AT this point, you are either playing dumb or really showing how little you pay attention.



I think you are just shit talking. It is part of your routine. Throw up a weak defense of the status quo , one that you know is false, and if it sticks then that is all you needed, if not, I am sure you have another line of defense ready to roll.

But the reality is that the left doesn't give a fuck about the US working class. If anything, they see us as "problematic".

Do you think wealthy corporatists have ever cared about the working class? Party affiliation aside. It's so blatantl hey dont.