renzhexiangjiao@lemmy.blahaj.zone to Math Memes@lemmy.blahaj.zoneEnglish · 2 months agoNew Matt Parker video on Trump's tariff equationwww.youtube.comexternal-linkmessage-square2linkfedilinkarrow-up139arrow-down12
arrow-up137arrow-down1external-linkNew Matt Parker video on Trump's tariff equationwww.youtube.comrenzhexiangjiao@lemmy.blahaj.zone to Math Memes@lemmy.blahaj.zoneEnglish · 2 months agomessage-square2linkfedilink
minus-squareSparkega@sh.itjust.workslinkfedilinkEnglisharrow-up16·2 months agoSummary: The administration wanted to put blanket tariffs on everyone (minus Russia) and used bad faith math to justify their actions. Countries who provide a trade surplus (buy more from America then they sell them) are getting tariffed as well. By their own math, all goods will average a 10% inflation in price.
Summary: The administration wanted to put blanket tariffs on everyone (minus Russia) and used bad faith math to justify their actions.
Countries who provide a trade surplus (buy more from America then they sell them) are getting tariffed as well.
By their own math, all goods will average a 10% inflation in price.