The world reacts to Trump's sweeping tariffs: 'No basis in logic'
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No basis in logic if he were actually trying to do what he says he is. He's not. They make perfect sense if the goal is to destabilize the country. We elected a fucking Manchurian candidate twice, and the in-between term was spent on a bunch of business as usual and not setting up protections in case it happened again. This country is fucking done.
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From the article you’re probably referring to:
DCInvestor’s observation came in response to crypto trader Jordan Fish, also known as Cobie, who also asked ChatGPT using the prompt: “What would be an easy way to calculate the tariffs that should be imposed on other countries so that the US is on even playing fields when it comes to trade deficit. Set a minimum of 10%.”
A straightforward (if naïve) method is to set the tariff rate for each trading partner equal to the percentage share of the trade deficit relative to that country's total imports-always no less than 10%.
In formula form:
Tariff Rate (%) = max(10, (Trade Deficit ÷ Total Imports) x 100)
For example, if the US runs a $20 billion deficit on $100 billion worth of imports from a country, the calculated rate is (20/100)×100 = 20%. If the deficit were only 5%, you'd still
impose a 10% floor. This method ignores the intricate dynamics of international trade-such as elasticities, retaliatory measures, and supply chain nuances-but it provides a blunt, proportional rule to "level the playing field." One might implement it in Python like so:def calculate_tariff(trade_deficit, total_imports): # Calculate the deficit ratio as a percentage ratio =(trade_deficit / total_imports) * 100 # Enforce a minimum tariff of 10% return max(10, ratio) # Example usage: tariff = calculate_tariff(20e9, 100e9) # $20B deficit on $100B imports yields a 20% tariff print(f"The tariff rate should be {tariff}%")We are defining trade policy with predictive text. What a time to be alive. Jesus tapdancing christ.
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Give him some credit (not a lot). What if China were to give these penguins cars to resale? Middle men penguins is what they are. They should call the island Midway island, a term invented by his assholness.
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I mean, it's pretty logical.
He wants to enrich his American buddies, and this is how we do it.
Instead of competing fairly with foreign businesses, Americans artificially increase the prices of the competition so customers don't have a cheaper option to choose.
I want to say this country sucks, I really do. But in all honesty, this generation sucks. The greed and consumerism on both sides is what led us to this.
It's a two-pronged approach where we have the 'lesser-evil' morons working in tandem with the 'greater-evil' scumbags to ensure good never prevails.
Fuck everyone who voted for hillary clinton and joe biden in their primaries. I put the blame squarely on them for why we have 2 trump presidencies.
Big reason why I didn't vote this election. Tired of supporting the "lesser-evil" crowd that never supports me for some reason. Loyalty is a one-way street with them.
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This is unironically a great deal for him and his cronies and an awful deal for the working class.
I swear, it's just distraction after distraction, obstacle after obstacle that keeps us from toppling the ruling class. Anytime we get anywhere close to doing something significant, it's like the useful idiots come out in droves to make sure "NOPE NOPE NOPE, gotta keep history repeating itself!"
I wish I took my teachers and intelligent peers more seriously as a kid. I didn't realize how lucky I was to be surrounded by such great, smart people. I took them for granted, and now that I'm out in the real world I see exactly how stupid the average idiot is.
It's scary. Terrifying, even. There's so many of them and they all use that as justification for why they're right.
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Advertising should just be illegal.
It gives an unfair advantage to those who already have an unfair advantage.
I recommend installing an addon called AdNauseam to block ads in addition to sending data that you've clicked them.
Please everyone. Try to understand that being a useful idiot is the norm these days. It's what's cool.
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Still it was too difficult for you to express your own opinions. Too scary?
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I look forward to building my retirement in a handful of years in the recovery phase of this exercise in abject idiocy (assuming there is, in fact, anything to recover)
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"No basis in logic" will be both the title of Trump's time in office and the reason why the USA collapses
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So sad and so true. You made me giggle and frown at the same time. Have some
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