bust Posted April 4 Report Share Posted April 4 4 hours ago, Mekong said: Whilst no economist myself, it is pretty clear where Trump has fucked up his calculations, he is basing Tariffs on trade deficit., the n dividing deficit by US Exports and splitting the difference it is Trade deficit / imports is what the US says the other country charges as a tariff. eg China US exports $145b and imports $440b , so deficit is $295b 295 / 440 =0.67 or 67% split the difference by halving it 33.5 and rounding up 34 and the tariff imposed on China is 34% Likewise EU, $370.2B Exports Imports $605.8b, deficit $235.6b 235.6 / 605.8 =0.389 or 39% divided by two and rounded up gives 20% which is the tariff imposed on EU. I used to think that Trump wasn’t the sharpest knife in the drawer, but hit proves that he is a complete imbecile Predicting Nike to go bust Link to comment Share on other sites More sharing options...
Coss Posted April 4 Report Share Posted April 4 As one of the comedy shows out of the USA said in a bit, "I'm only gonna buy my Nikes USA made!" The joke in context being, that Nike survives on their third world labour rates... Link to comment Share on other sites More sharing options...
bust Posted April 4 Report Share Posted April 4 15 minutes ago, Coss said: As one of the comedy shows out of the USA said in a bit, "I'm only gonna buy my Nikes USA made!" The joke in context being, that Nike survives on their third world labour rates... Which is why I made that point. Lots of merchandise with well know labels come out of Vietnam Link to comment Share on other sites More sharing options...
Mekong Posted April 5 Report Share Posted April 5 Link to comment Share on other sites More sharing options...
bust Posted April 5 Report Share Posted April 5 While I do see the humor of that, the reality is Amerika is full of deluded fools. Watching Fox they are so far detached from reality. Trumps actions might be better explained by physiologists not economists Link to comment Share on other sites More sharing options...
bust Posted April 5 Report Share Posted April 5 Link to comment Share on other sites More sharing options...
Old Hippie Posted April 5 Report Share Posted April 5 3 hours ago, bust said: While I do see the humor of that, the reality is Amerika is full of deluded fools. Watching Fox they are so far detached from reality. Trumps actions might be better explained by physiologists not economists Fox took down the stock market ticker…not that the average fox viewer has any money… Link to comment Share on other sites More sharing options...
Coss Posted April 5 Report Share Posted April 5 Link to comment Share on other sites More sharing options...
Coss Posted April 5 Report Share Posted April 5 53 minutes ago, Old Hippie said: …not that the average fox viewer has any money… ... not that they have any money, left.... Link to comment Share on other sites More sharing options...
Mekong Posted April 6 Report Share Posted April 6 I’ll say one thing about the Tariffs, Penguins etc, it’s taken all the attention off the Signals leak Link to comment Share on other sites More sharing options...
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