Why are libs seething so hard over this?

It's a retard's attempt to make a more complicated looking formula.
The numerator is xi and mi, xi being US exports and mi being US imports to a specific country.
in the denomenator, ε is the price elasticity of import demand, or a constant equaling 4.
φ is elasticity of import prices with respect to tariffs, which is a constant equaling 1/4.

They fucking cancel out, meaning the real formula is just:
(xi-mi) / mi

It's literally just the trade balance divided by imports, and then halving the resulting ratio into the tariff value that Trump is assigning each country. As if Canada is going to buy more shit from us than we buy from them, because that makes sense. And Trump was so proud of this shit that he self declared it Liberation Day.

This is the most braindead retarded move of any US president in history.

For some reason even I knew it looked retarded and I know nothing about math relatively.
Thanks for the explanation I think. Math is very VERY boring to me, that's why I never picked it up past pre-algebra and I forgot most of THAT because I never use it for anything. I actually wish I loved math. I hate that I hate math. Makes me feel retarded considering my love of logical thinking.

blame the greeks for not making more letters
unless you suggest that we start using jew runes and egyptian heiroglyphs in addition

Silence, jeet.

I've never seen someone type asterisks in a formula like that

I just figured each symbol had a defined formula purpose. Delta to me always means "change over time". At least I thought it did. This is the shit that turned me off of the maths as a kid.

use better languages, like "Coq Proof Assistant"

lol

in the denomenator, ε is the price elasticity of import demand, or a constant equaling 4.

φ is elasticity of import prices with respect to tariffs, which is a constant equaling 1/4.

They fucking cancel out, meaning the real formula is just:

(xi-mi) / mi

I saw that in the media too. And the fake news tried to convicne me of the bullshit you just said. But if you actually do some research you will quickly find out that elasticity and passthrough are NOT constants

import prices with respect to tariffs is called "passthrough rate"

in any event, passthrough rates and price elasticity actually exist in INVERSE PROPORTIONAL relationship. ie as one goes up the other goes down. this relationship is linear . and if you consider the relationship it actually makes sense intuitively.

so for instance in a agririan economy like vietnam, the price elasticity is actually a 2, the passthrough rate is 0.5
or lets say a rell outlier, like somalia, the price elasticity 1.01 and the passthrough rate is 0.99
or say you just want to consider pharmeceuticals, life saving medicine, well the equation is similiar to somalia ... people will pay what you demand ...IF they can pay at all.

anyway the moral of the story here is that elasticity multiplied by passthrough ALWAYS equals one. because the two have a inversely proportional linear relationship ... INVERSELY PROPORTIONAL LINEAR RELATIONSHIP.

thats what the media didnt explain to you. dont me mad at me bro for tellign you the truth. be mad at the people who ommitted an important fact and made a fool of you.

only its not retarded and actually is the formula used by economists to discover the amount of trade barrier like problems in a market.

and it may seem simplistic. but consider this anology.

you are captain of a sailing vessel. your current direction is south by south west, you are moving at 8 knots per hour.

you dont need to understadn the effect the currents are having on the tide, the variations in windspeed and direction as the wind comes up and down and shifts slightly, you dont need to understand the coeeficient of friction on the bottom of your boat, or how that is impacted by the current state of barnacle growth, or how the temperature of the water is currently effecting your bouyancy.

the physics equations required for you to arrive at the 8knots per hour SSW heading are incredibly complicated. but you cna simplify all those varied parameters by simply measuring your speed and compass heading.

and thats precisely what this equation does. it measures factors that you cant even see, like "consumers faith in your products". I dont need to know current sentiment to american products to be able to discover a trade barrier.

at the end of the day, FAIR TRADE means this .... you and your neighbour each have ten dollars in your pocket and a sack of goods to sell. you go down to the market and exchange your sack of goods for the same amount of products you wish to have and return home with your ten dollars and what you wanted. nobody took the other guys money, they exchanged goods. for economists thats what a 'fair trade" means.

sex is fun

This formula makes it impossible to hide the reasons for a trade surplus with the US behind tariff equivalent bullshit called by another name. The mere fact of having a trade surplus is being interpreted as prima facie evidence of a 'tariff' against the US. This is not really correct but is approximately so because the size of the US means we're pretty able to make any thing ourselves. Real comparative advantage with the US is rare.

It also lets us leave those with a trade deficit with the US alone.

Saaaaar

tau = tariff level
i = country

Rhetorically it's genius. Now they can put wonks on TV to try to explain math to the idiots who watch their shows boring the hell out of them.

This when Math is the wrong paradigm to use to understand negotiations which is what really is going on.

This formula is just a threat in math form. It communicates what we're doing unless you come to the table.

That's great. So why include it in the formula in the first place then? Other than to make the formula look more complicated than what it is.

Trump lied and said it represented non-tariff trade barriers. Turns out it just punishes countries for having a trade deficit, which punishes countries that export to the US but don't buy from the US. Non-tariff trade barriers aren't even calculated. Worst of all, countries with a trade surplus (buy more than they export) still got a 10% tariff, just for the hell of it. Absolutely deranged behavior

Non Tariff trade barriers are precisely the bullshit we want to remove. It's stuff that we don't like that effectively amounts to tariffs. Its the stuff we want changed to get the tariffs removed.

It's not listed because it is different for every country and we're not litigating it in any court. We want it gone or tariffs remain. It's a negotiation not a court case. Lawyering won't help.

I'm a weather nerd, among other things. I know nothing of fluid dynamics in math terms. Most humans can't even understand this field of physics by any means.
I can look at an area on a weather map and spatially understand how different air parcels and pressures and heat and moisture and winds are going to interact with each other and synthesize motion in my mind spatially, but the mathematics involved play very little part beyond knowing numbers for pressure/windspeed/temp/dewpoint/etc. It's a weird thing being able to graphically produce in my mind accurate fluid dynamic interactions and outcomes without knowing any level of higher math. The same thing makes me very good at home chemistry(including complex organic labs), but shit at procedural professional chemistry.

This is why I like to go with my logical gut, not a mathematical knowledge.

What part of this are you not getting? They claimed to have calculated non-tariff trade barriers. They lied. The formula doesn't even attempt to calculate non-tariff trade barriers. It's some bullshit they pulled off ChatGPT, someone found the exact prompt that spits out the list using that formula.

Worst of all, for countries that doing the right thing by the US like UK and Australia and are already in a trade surplus and are doing everything according to what the US wants, we still get punished anyway. It's not a serious government.

because it is the actual formula economists use to define barriers to trade. like its in economy 101 textbooks. its THE FORMULA!

and you dont know, and cant possibly know, what all those barriers are ... because some, like I said, involve very "foggy" ideas .... for instance consumers in Russia might be averse to german products because of previous wars, and there is absolutely no way you could figure out a number for that.

but its like the sailing analogy. you dont need to know the current state of barnacle growth on the bottom of your sailboat to measure your speed and direction. you can calculate that.

only the number isnt four and 1/4

the number varies for each country. like I said earlier. the number for vietnam is actually 2 and 1/2, the numbers for somalia is 1.01 and 0.99.

the number for most industrialized countries is approximately 4 and 1/4. but for 'second world" countries like vietnam, or primary agricultural economies like say greece, the number is approx. 2 and 1/2.

but the two numbers multiplied must always come to "one" because that exemplies PERFECT FAIR TRADE conditions. so once those perfect fair trade conditions exist, all that remains is an imbalance in trade .... one seller at the market is walkign away with all the money all the time, and hes not buying anythign from the other farmers at the market.

the main act of trying to fix non trade barriers doesn't actually include the pricing in of non trade barriers

this is normal

migafags are a fucking CANCER. Go fuck off

No they did calculate them. How they calculated them is not part of the formula. It's a secret. It's what the US believes according to calculations that will be different for every country because of different circumstances. It's not listed because it's not in the US interest to publish a rulebook to get around. We demand to be treated fairly.

INVERSE PROPORTIONAL relationship

So when people said that they added arbitrary 1 in their equation to make it look more complicated they were right?

Ok, but again, it literally cancels out in the formula. That means it has absolutely no bearing whatsoever on the end result. You even said that in your post, no matter what the numbers are when they're multiplied together they cancel out. The ONLY reasonable explanation to include them is to make it seem more complicated than what it actually is.

How they calculated them is not part of the formula. It's a secret.

You are an idiot man. The numbers on the list are the numbers that come directly out of the formula. There is no secret phase to the calculations that got added on after the formula. There is no non-tariff barriers to trade calculated.

And if you're going to encourage people to drop non-tariff trade barriers, why are countries that have dropped them and are in trade surplus still get punished? He applied a 10% tariff to every country on the planet, without discriminating whether countries are trading freely or not. Australia got punished and we have zero tariffs on the US, a free trade agreement and no non-tarriff trade barriers.

Every bit of jargon you use loses you 90% of your audience. It's complicated enough to make you do that which is hilarious

let's distract them by being retarded

When they 'tariffs and non tariff trade barriers' that's a black box. Its not specified in the formula.

Trump cited "trade barriers" such as Australia's biosecurity laws - singling out a ban on the import of US beef - as the reason for what he called a "reciprocal tariff".

This formula is just a threat in math form. It communicates what we're doing unless you come to the table.

Which is an insane strategy because you're not saying you'll stop trading with other countries, just that you'll stop buying stuff from them by imposing a massive tax on yourself. China will still be able to buy the food and whatever it is they need from you under these terms.

Derp

Regardless of the true meanings of epsilon and phi, the reality is that what Trump presented- the actual fucking numbers on the posters and on twitter- were simply (xi-mi)/mi.

Like your cope is worthless because Trump DIDN'T DO THAT.

The formula doesn't even attempt to calculate non-tariff trade barriers.

Yes it does. the formula, accordign to economists, actaully capture ALL TRADE BARRIERS, even like i said above, the ones you cant see, like peoples personal faith in one countries products, or even political opinions, that might influence purchasing decisions.

No the formula PERFECTLY captures all that. see my analogy above about a sailing ship, and the incredibly complex math and physics that would be required to measure its speed and direction. and yet we can easily calculate all those factors with a line of string and stop watch and a compass. we dont need to know the current tides, the variations in wind speed and direction adn the current state of barnacle growth on the hull. all that, and so much more, can be easily summed up with a string a stopwatch and compass.

the same thing is true for "trade barriers". we dont need to quantify how chyna manipulates its currency, sponsors state industries, lies, cheat and steals, taxes imports, how their state media coerces them to buy local ... etc etc etc. we dont need to figure out the market impacts of cheap slave labour, no safety standards etc etc etc...

When they 'tariffs and non tariff trade barriers' that's a black box. Its not specified in the formula.

The numbers on the list are exactly the numbers that come out of the formula. There is no additional phase where non-tariff trade barriers are being calculated and being added after the formula. What part of this are you struggling to understand?

Trump cited "trade barriers" such as Australia's biosecurity laws - singling out a ban on the import of US beef - as the reason for what he called a "reciprocal tariff".

Australia has no ban on US beef or any limitation to importing US beef. They could import infinite beef tomorrow, they just don't bother because it's expensive and pointless to import beef to a distant country that is one of the world's largest beef exporters already. They didn't even bother to check before blurting that out on world television. abc.net.au/news/2025-04-06/trump-claims-australia-bans-american-beef-imports-incorrect/105139686

Great if china wants to buy stuff that's a step in the right direction

LOL

And if you're going to encourage people to drop non-tariff trade barriers, why are countries that have dropped them and are in trade surplus still get punished? He applied a 10% tariff to every country on the planet, without discriminating whether countries are trading freely or not. Australia got punished and we have zero tariffs on the US, a free trade agreement and no non-tarriff trade barriers.

what are strategic economic interests

If your diplomats aren't awful, you'll be able to placate the administration without going broke. Whole damn Asia-Pacific except China is negotiating as well, though clearly varying levels of annoyed. EU is negotiating in bad faith and had to deploy Poland and Ireland as adults in the room after panicking over threats of actually-punitive tariffs on alcohol and cheese, UK is being competent for once.
Welcome to the era of the Machine-State, where nothing makes sense in the old way but it still runs.

Actually 3. Triangles have three angles. *Winky face* 49 times

Yes it does. the formula, accordign to economists, actaully capture ALL TRADE BARRIERS

Absolute nonsense. It's a braindead simplistic formula that just matches imports against exports. Cambodia has no barriers to US trade, yet they got slapped with the largest tariffs of all. And the reason they have such low imports is they're poor as fuck and can't afford US imports. There is no barrier to trade, they just have no money for US imports.

Because they can do math

Trade deficit GOOD

Why is it necessary to negotiate when all the supposed conditions for no tariffs are already being met? 10% blanket tariff for the entire world, including those with trade surpluses, no tariffs and no non-tariff trade barriers is just lazy.

It's not measuring trade barriers, but simply the ratio that countries export more shit to us than they import shit from us.

We're a huge country which needs a lot of resources, the idea that a country like Canada should have zero trade deficit is ridiculous. They export their resources to us-oil, gas, lumber, etc- and then they in turn buy some stuff from us, but not as much because they don't have that many people compared to their natural resources.

This is like being mad walmart sells you bread and won't buy your collection of dildos for twice what you bought the bread for.

Anon, they're just going to keep buying the stuff they're already buying. None of this is leverage to make them buy more.

numbers come out of the formula

But how the numbers that went into the formula are calculated is left vague and unspecifed

Beef

I don't know the details, I just pasted from a BBC article what Trump said. That discussion would be part of the negotiation. But there's no third party. It's a bilateral negotiation, not a court case. There's no need to determine what is right or wrong, only what both parties feel is best

If they drop their currency manipulation, then US imports will seem less expensive to Chinese people.

It stands to reason they will buy more.

But how the numbers that went into the formula are calculated is left vague and unspecifed

No they're not. They're publicly available export and import numbers from the WTO website.

I just pasted from a BBC article what Trump said

Yes, the point is Trump lied. He didn't research it properly. He penalized us and didn't even bother to check whether what he said was accurate. US could export infinite beef here at any time. This government is off the fucking rails nuts

this nigga thinks x/(1/x) cancels out

Why would you going on a hunger strike on Chinese goods make them want to drop their currency manipulation?

Okay? I dunno, this shit's autistically complex. Normal people don't think this way. I mean look at this-
en.wikipedia.org/wiki/Delta#Science_and_technology
And physicists, "common core", and other things are only making math more obtuse. It's no wonder people have trouble with this.

Non-Tariff trade barriers is a number that goes into the formula. It's converted to an equivalent tariff by a vague and unspecified means.

'lied'

I don't care. Maybe the truth makes a lousy soundbite. Anyway the details don't matter and won't be litigated. A deal will be negotiated. Or tariffs. We may disagree on the truth and the truth doesn't matter, only what we feel is a mutually beneficial deal.

It's not about convincing the schoolmarm who is right.

they already buy a lot of shit from us

Perhaps they would like to make money selling goods and end their hunger strike on US goods I.E. free trade

Not as much as we buy from them.

with tariff 20% price go up 10%

Non-Tariff trade barriers is a number that goes into the formula.

Fucking hell man. You are just repeating the same incorrect thing and not actually listening. There is no number in the formula that represents non-tariff trade barriers. You are imagining something that isn't there. All the extra terms cancel each other out. See this for how the formula is finally calculated It's deficit / imports. There is no extra calculation for non-tariff trade barriers.

We may disagree on the truth and the truth doesn't matter, only what we feel is a mutually beneficial deal.

So you're basically arguing might makes right and it doesn't matter that the US is imposing unjust tariffs on friendly nations. The whole world is just going to strike trade deals that route around the insanity of the US now and leave the US out in the cold.

We are reshoring industry, for real and not as a bit. Aggressive DEI has been declared a fucking civil rights violation, the admin is playing for keeps but has some eldritch legal strategy that is unreasonably precise and coloring within Constitutional lines. Just not the last 40+ years of norms and policy.

you can use a Delta symbol for two different things?

Yea, if you flip it upside down, it's just the non-inverse gradient: ∇ = Jf ∈ Rm×n, is defined such that its (i,j) entry is ∂fi / ∂xj

This is why I hate mathfaggots.

Yea, they are third time derivatives.

Also, does this tariff equation take into account any kind of entropic/chaotic aberrations? Such as like Trump bombing Iran, or a recall on a major foreign good, or weather events? I mean, one well-placed typhoon over Eastern China could be a problem. Or an earthquake of some kind. Stranger things have happened.

its the formula economists use dude. its right there in economy 101 textbooks.

go to your local university bookstore. pick an economy 101 textbook. look up "elasticity of demand" and you will see the formula.

what formula was he supposed to give you. one to calculate a rocket trajectory? your angry at orange man because he showed you the actual fucking formula econ101 students would recognize instantly.

were simply (xi-mi)/mi.

because thats it. thats all there is too it. there is no other formula. believe it or not, people pay tens of thousands of dollars to watch professors write that on the blackboard and present it like its some kind of general theory of relativity.

"my cope" ... what the fuck is that. you're the ones freaking out about "orange man". your the ones who think hes trying to "con" you.

Im the guy explaining how stupid ALL of these people are. Trump, his advisors, and the ENTIRE FUCKING "ECONOMICS" Department! they are all a pack of morons!

study some real math .. like physics, so we can discuss how air current along the edge of a sail is changing the velocity of my sailboat .... thats real applied science. not faggy econ101 junk science.

I prove the media is LYING TO YOU ... not to me .. TO YOU ... and your angry at me. your insulting me! cause you got made a fool of. well dont feel bad bro. i believed them too, i dont know why after all the other lies they told me in the past, but i believed ... for about thirty minutes ... until I actually looked it up ... and then i was like ... yeap, they lied again.

They don't have to end their hunger strike on US goods, you're not changing anything related to their ability to buy American goods. Seriously man, the west sanctioned the absolute shit out of Russia for the last three years and they're still standing. They've found ways to get around all sorts of trade barriers. The Chinese are in an considerably stronger position than Russia was three years ago and they're facing even less pressure to change anything since its just you demanding their drop their currency manipulation, everyone is saying "Fuck yeah send me those American iphones right fucking now please. I'll give you 90 cents on the dollar."

They seethe at anything Trump. It's just the left's version of retard.

thinks simplifying the formula makes it invalid

doesn’t understand that simple = effective in policy models

calls elasticity constants "random" when they're based on real-world data

thinks tariffs are about begging other countries to buy more, not about protecting domestic industry

ignores tariffs as negotiation leverage

gets emotional and starts flinging insults instead of making an actual argument

lmao imagine flexing your economic illiteracy this hard
stay mad, globalist

Delta means change, not necessarily change over time. But otherwise, correct.

That image is a good laugh.
But to be fair, if math was perfect, computer code wouldn't malfunction, weather prediction models wouldn't get things wrong, and veteran guys running CNC machines wouldn't bust tooling or shatter work pieces. Math is a guide, and a great guide, but you also need a gut feeling about things too, and usually a veteran's gut feeling can have him more successful than someone that goes just by numbers. Same with chemistry. You can do all kinds of predictions on your product yield using math, and get 20%+ over/undershoot on actual yield.

Should have used isosceles. Mathematicians are such tri hards.

laughing at your dumb ass is "seething"

And the reason they have such low imports is they're poor as fuck

not accordign to economists (and I never said the formula itself is right .... im saying ... "thats the formula they use").

accordign to economists whatever amount of exports cammbodia makes, is the amoutn of money they have. and according to trump, thats the amount of money they need to spend on american goods

>This is like being mad walmart sells you bread and won't buy your collection of dildos for twice what you bought the bread for.

I absolutely agree. well not exactly. trump wants them to buy his dildos for the same amount he bought the bread for, but otherwise, yeah.

the way the econ101 textbook explains this is using the farmers market analogy. two famers go to market, each have a set amount of goods to sell. if they are able to sell their goods for exactly what they needed to buy, then its said they have a 'trade parity" ... free and fair trading.

fellas, Im not defending trumps ideas, or economists ideas. Im just ssaying, thats the equation economists actually use. thats the relationship between elasticity and passthrough. the numbers are not constants like the media said, they vary, but they do always equal one.

as for the idea that canada cant afford to buy that much US goods ... yeah we can. the US is hadning us that many US dollars.instead of buying US goods, we spent the money on hospitals roads, jets to take carney to amazon for climate change parties and all kinds of other stuff. the money exists, you know it exists because you gave ti to us, and we refuse to trade with US "fairly" (according to econ101).

this

accordign to economists

The only economists that believe this are fringe quacks like Pete Navarro who is widely discredited as a nutcase by his peers

IMO, there is good maths and evil maths. The good maths are those that are discovered. The evil maths are those that are invented.

religion is associated with low intelligence.
I think Einstein, Fermi, Pascal, Keppler and Newton would like a word with you.

>Non-Tariff trade barriers is a number that goes into the formula.

Fucking hell man. You are just repeating the same incorrect thing

It is not incorrect, the trade deficit is the means being used to measure that. It's imperfect but we're ASSUMING that any trade deficit is evidence of trade barriers. .

This is used to calculate the importance of removing the trade barriers we think we can identify.

We may or may not be correct.

Sure there are real comparative advantages in the world which can produce trade surplusses and deficits with respect to countries but as a starting point we assume that there aren't many or at least that they should balance out due to the size and diversity of the US economy. If you sell us bananas then you should be buying apples.

And if we are wrong. If our vague and unspecified means of determining trade barriers doesn't shrink the trade imbalance, then we can revisit and make a new deal until it does.

We cannot rely on the invisible hand to balance trade because there is ALWAYS manipulation.

no dude. that equation is standard econ101 boilerplate. its like F=ma to physics.

This post is a just massive pile of brain damage. There are no trade barriers with Cambodia. They are simply poor and much smaller than the US, so cannot import a fraction of what they export to the US. This conversation is pointless and you're not listening, just repeating Trump administration talking points, trying to sanewash a policy that is absolutely braindead because they're your political team and you must defend them at all costs.

saar is good math sir, fuk u
it's indian and jew government benchod bitch

When china keeps the value of the yuan down, this makes chinese people's paychecks smaller. they can afford to buy less imported goods. The chinese govt manipulates the value of the yuan by holding foreign assets. These are analogous to the tariff charged going to the government.

He's a sodomite. He defines intelligence as sexual degeneracy per se.
Ergo he has some excuse for why any objectively intelligent individual who isn't a deviant isn't "actually" intelligent.

If you sell us bananas then you should be buying apples.

this, unfortunately, is what economists believe. and in some respects they are correct. it is a kinda of dumbed down equation that doesnt take into effect, for example, the results of ading allies in buildign their economies and how that might pay off long term. or situatiosn where countries are in a bind because of other factors (floods, typhoons, plagues, acts fo god, war, etc )

Of course trade eventually balances. You don't necessarily have balanced trade wrt every trading partner, but it balances out. However the US offers a very diverse basket of goods. There's no reason the US can't expect balanced trade from its trading partners. We can't have a case where cambodia is a colony of china, that takes imports from china but exports to the US. (I am not saying this is happening wrt cambodia but I would be unsurprised if that kind of thing were not common )

I put much more faith in math that is used to perform physics calculations for real-world applications. Chemistry, trade work, mechanical/electrical eng, weather, auto racing. APPLIED uses.
This shit with economics never predicts SHIT, that's why it has to be rigged, because otherwise math geniuses would get rich from it easily by using formulae to derive how to make big bucks.
So whoever came up with the bullshit in OP's post needs to kindly fuck off. Because economics deals with so many uncertain variables that it is simply impossible to get a logical answer. You cannot calculate a system with math where so much chaos is input. A fucking war breaks out and it's all up in the air. Natural disaster, human-caused disasters-
en.wikipedia.org/wiki/2015_Tianjin_explosions

chinks storing nitrocellulose DRY caused this, a lesson Europeans learned in the 1800s

Houthi pirates stopping shipping/trade between the East and Europe, etc.

My aforementioned weather weapo... I mean "well-placed natural disasters"...

I am so glad Trump doesn't give a shit about empire. Isolationism is where it's at

And the Chinese in general benefits from this by completely and utterly dominating global manufacturing. Right now you're saying "I'm not buying from you anymore because you're selling your discounting your goods." and everyone else is saying "HOLY SHIT PLEASE DISCOUNT YOUR SHIT MORE HOLY SHIT AMERICA IS FUCKING RETARDED PLEASE SEND MY EVERYTHING AND KEEP IT COMING WOW OH MY FUCKING GOD THIS IS THE GREATEST DAY IN MY FUCKING LIFE."

The entire stock market crash you're seeing is people readjusting prices down. You're literally giving the world the greatest discount on everything from everyone at your own expense. None of this is leverage from your position.

Also, if economics and trade could be deduced by math, there would be no need for "circuit breakers".
You know why they need circuit breakers? Because it's gambling, and if they didn't have circuit breakers to protect retarded investors from RANDOM CHANCE like in a casino when you lose everything, the whole thing would implode. The complete uncertainty is mutually exclusive to a predictable formula-derived science/construction.
Glorified fucking casino. Just like crypto and NFTs. That's why so many laws need to be made to try and protect people from financial fraud, too many chaotic exploits to use to rip people off.

If you wear a suit to work, you are not a scientist or an engineer. Shut the fuck up, faggot.

No we're saying we're going to stop china from continuing to dominate manufacturing by doing the same thing china does to its people and taking that discount as a tax. So the US in general benefits by getting some manufacturing back. What's good for the goose is good for the gander.

Ideally, china stops manipulating its currency, and chinese can afford to buy foreign goods including US goods. They don't get to dominate manufacturing but they get to enjoy imported goods at a cheaper price. The US gets to have some manufacturing and also enjoy imported goods at a fair price. This situation is called free trade.

It's one of the most important policies in the history of the world economy and Trump got some 80 IQ Jeet to come up with it during his lunch break. Kind of kek tbqh

No we're saying we're going to stop china from continuing to dominate manufacturing

But you're not. Nothing about this is going to make China stop producing shit or manipulate their currency. They're on the phone right now with every fucking importer of every imaginable category or raw material and manufactured good discussing new terms for all the bauxite, all the EVs, all the electronics, all the plastics, all the silica, all the cheap furniture, all the clothes, and so on.

And on top of it all you're doing this with EVERYONE you're importing from not just China and they're also on the phone with everyone else talking about new trade deals for the shit you're no longer gonna be buying from them. Yeah people are going to make less money in general in the short term, but they're also getting better deals on everything so it even outs and in the long term its irrelevant. Someone wants to buy Swedish steel and lumber, cool, they're getting it at 20% discount and we're getting their cement and crude oil at 20% off and so on. That's what's happening right now.

They might not ever stop but the US will have tariffs in that case.

Tariffs are a prisoner's dilemma

Best case: You have tariffs and the other guy doesn't. You dominate all industry
Second best case: Free trade
Third best case: Both sides have tariffs. This forgoes the benefits of trade. Juche makes everyone poor
Worst case: The other guy has tariffs/manipulates their currency/other BS and you don't. They dominate industry

If china won't do free trade we're better off than we are now with the worst case. We will be at the second worst case. If china does free trade, then we get the second best case. Either way is an improvement

Foreign crap will have $20B lower demand, so Swedeistanis get everything cheaper. Be happy.

This shit is so funny I can't even get mad, they thought they could add some greek letters in it and say they are using a really complex and smart formula to do the tariffs, americans are so silly that they make 3rd world shithole country economists look like geniuses.

The US is the single largest buyer of Chinese goods among nations on earth.
The EU and ASEAN markets are up there too, but they ALSO are majority exporters to the US. The US buys everyone elses shit more than anyone else buys their shit from outside their own markets.
If the US puts tariffs on these countries and impacts their sales, they can't just afford to stop selling shit to the US and find new markets, for two reasons.
1. No one else can match our purchasing power
2. These countries economies are going to drop making them less able to spend the money to buy foreign goods themselves
Add to this the uncertainties of war, natural disasters, etc, and you can see the hole Trump has dug for China to lay into here. They can't sell their dumb shit if nobody can afford to buy it because their own economies have been buck-broken. You don't just pick up your bags and go home and ignore the largest and richest single nation on the face of this earth, especially when you're falling into a hole yourself.

The whole system was built on bullshit and lies, and it's starting to break down. And it's about fucking time too.

Somebody set us up the bomb.

1. No one else can match our purchasing power

True but we're not talking about one country replacing you, we're talking about the entire rest of the world economy absorbing everything you're not going to buy. That's very much possible.

2. These countries economies are going to drop making them less able to spend the money to buy foreign goods themselves

Everyone is going to be buying this shit at a discount, every dollars they're not making selling stuff to you can be used to buy something from basically every other country on the planet that is offering their stuff at a discount because you're no longer buying it. Yeah you'll see a short term period were leveraged companies take a big hit because their revenue doesn't match their expenses and they'll go bankrupt, at which point someone will be able to swoop in and buy their assets at discount prices and resume operations. At no point does anyone have to go to you to get you to drop the taxes you've placed on yourself for importing stuff.

Everyone is going to be buying this shit at a discount

China has discounted everything they make, that's exactly how they've risen in the global market over the last 20 years.
You really think that Chinese industrial/commercial/lab equipment is 1/3rd the price of one made in Europe or the US or Japan because of magic? No, they're clearly fucking around and are using tricks to get a foothold in the market. They are at max-discount already. And that's for their good shit.

They don't have a view on trade and manufacture developed like everyone else has. They have this strange copy-and-dump attitude on making shit that doesn't work long-term. They don't have brand recognition for example like Japan and the West. Even Mexico has brand recognition. China's biggest global brands are not manufacturers, they're platforms like Tiktok, Temu, and AliEx. Huawei and BYD are close but they're not established trusted powerhouses like KFC, which WE OWN. Or Fluke Instruments. Or Zeiss, or Fiat, or others.
It's a huge power gap. Also, they seem to take the term "rare earth metals" literally, like they believe neodymium is as rare as gold and silver.

they are the rich who want to keep you poor

Anyone who says they don't use algebra is definitely a retard

China has discounted everything they make, that's exactly how they've risen in the global market over the last 20 years.

You really think that Chinese industrial/commercial/lab equipment is 1/3rd the price of one made in Europe or the US or Japan because of magic? No, they're clearly fucking around and are using tricks to get a foothold in the market. They are at max-discount already. And that's for their good shit.

Do you not understand that you're creating the perfect situation for them to continue this? You dropping your own purchases only lowers their prices further and you're doing this with multiple other countries at the same time. Several other countries with independent monetary policy are looking at this situation and all they see is a solution to every issue they've been having with inflation and high interest rates in the last few years. They can lend out money at 0% in absolute astronomical amounts and eat up this demand and possibly still enjoy a nominal price drop. The US meanwhile will see massive shortages in all sorts of things you've priced yourself out of buying throught he tariffs.

Thank you Mr Trump. Thank you for saving the world economy.

Good night by the way I've got a hangover to sleep through.

Math is fake and gay