QQQVOOGOOGLAAPLNVDA Follow up on my last mind post: To explain how Trump came up with those crazy 64%, 72% “tariffs” from our trading partners—imagine you bring your lunch to school. This big kid named Trump buys your burger for $10. You don’t really want much from him, so you just buy a sausage from him for $5. Then he turns around and says, “Wait, you made more than me! That’s like you charging me a 50% tax!” And now he wants you to give him $2.50 more—or he’ll punch you. That’s not trade. That’s middle school–level bullying—just scaled up to global economics.
QQQVOONVDAAAPLGOOGL I looked more into these “tariffs” and found a post explaining that those “tariff rates” aren’t real tariffs at all. Apparently, they just took the U.S. trade deficit with each country and divided it by that country’s exports to us. So the 64% for Indonesia, for example, is just $17.9B (the deficit) divided by $28B (their exports to us). It’s not an actual tariff—he just made up a number that looks like one.
QQQVOONVDAAAPLGOOGL I still don’t get it. I’ve done my research, and no matter how I look at it, I can’t figure out how Indonesia is supposedly charging us a 64% tariff—or 72% from Thailand, or any of the other numbers on that list. None of it adds up.
NVDA from TheWhiteHouse.gov —Some goods will not be subject to the Reciprocal Tariff. These include: (1) articles subject to 50 USC 1702(b); (2) steel/aluminum articles and autos/auto parts already subject to Section 232 tariffs; (3) copper, pharmaceuticals, semiconductors, and lumber articles; (4) all articles that may become subject to future Section 232 tariffs; (5) bullion; and (6) energy and other certain minerals that are not available in the United States.
NVDA Donts worrys Trump wes rednecks gots use back. Yous doings soo much savings us in America making uses great again. Pls lets makes medicaids cuvers me dentures. Makes Americans great again. Collects them tariffs from them forgeiners countries for good jobs here! Trump twenty 29
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