cross-posted from: https://beehaw.org/post/19241243

Waving a big chart as a prop in the White House Rose Garden, Donald Trump suggested his new tariff plan was simple: “Reciprocal – that means they do it to us, and we do it to them. Very simple. Can’t get simpler than that.”

Perhaps a bit too simple. The method used to calculate the most important numbers in international trade, politics and economics has left some of the world’s leading experts shocked.

For each country, the White House looked up its trade in goods deficit for 2024, then divided that by the total value of imports. Trump, to be “kind”, said he would, however, offer a discount, so halved that figure. The calculation was even distilled into a formula.

  • FlyingCircus@lemmy.world
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    4 days ago

    The reason the numbers are idiotic is because they don’t need to make sense. There is no point to these tariffs other than to crash the US economy so that fat cat rich scum can buy everything and create corporate feudalism.

  • PurpleTentacle@lemmy.world
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    4 days ago

    The only thing that surprised me about the idiotic numbers was that they weren’t overwritten by even dumber ones in sharpie.

  • Formfiller@lemmy.world
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    4 days ago

    BREAKING NEWS! The deranged con man game show host is actually a moron. Who could possibly have predicted this?

    • Albbi@lemmy.ca
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      5 days ago

      Trump probably couldn’t even figure out how to stalemate or win every tic-tac-toe game.

  • Optional@lemmy.world
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    “[It is] quite an extraordinary calculation after months of work behind the scenes,” said Jim Reid, the global head of macro research at Deutsche Bank. “[It] didn’t add much confidence on there being an in-depth strategic implementation plan.”

    lol. First of all Deutsche Bank, how are you still operating, and secondly it’s your fucking fault the demented rapist is even here (thanks to Justice Kennedy’s son). Thirdly, anyone who thinks a trump administration effort is going to have an “in-depth strategic plan” is smoking crack. (Those of you arguing ‘project 2025’ remember that came from outside the administration)

  • Optional@lemmy.world
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    5 days ago

    ‘Willing sycophants’ came up with simplistic formula that has thrown global economy into disarray

    Way to shoot us in the crotch republiQans and eligible non-voters! You suck!

  • Hawke@lemmy.world
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    5 days ago

    The thing that makes no sense to me is… who is actually making those calculations?

    It sure as hell isn’t trump, I doubt his ability to understand what a trade deficit is.

    Is he even capable of describing his goal to someone in a useful way such that they could come up with the calculations?

  • Jumi@lemmy.world
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    4 days ago

    And you made him president again not mentioning how he was even able to rise so high in power.

    United Stupids of America