Trump's Tariff Formula Makes No Economic Sense. It's Also Based on an Error

Post by charcircuit » Sat, Apr 05, 2025, 5:17 AM UTC

input_sh wrote: post #9

renewiltord wrote: post #5

A pity about the tiny islands with their own TLDs.

Am I surprised they used a list of ccTLDs to get a list of countries? No. Am I mildly amused to know someone somewhere had to manually remove Soviet Union (.su) from a list of countries to put a tarrif on? Absolutely.

Post by user1241320 » Sat, Apr 05, 2025, 5:18 AM UTC

Post by baxtr » Sat, Apr 05, 2025, 5:23 AM UTC

walkingthisquai wrote: post #3

klooney wrote: post #2

I feel bad for Lesotho- 50% is tough.

Well you've got to get those diamond manufacturing jobs back to the US somehow

Post by readthenotes1 » Sat, Apr 05, 2025, 5:25 AM UTC

colechristensen wrote: post #11

thih9 wrote: post #6

Earlier quoted context omitted.

Does anyone here know what is the impact of this for Lesotho in practice? I found an article[1] but perhaps someone here knows more or is there in person. > Lesotho exported $237m of goods last year to the US and imported $2.8m. Agoa[2], which has allowed tariff-free access to the US market for thousands of product types since 2000, created a thriving garment industry, accounting for about 20% of GDP. > There are abo…

I want the people who work to make the things I use to earn more than $150 per month. A sane tariff policy would be set up to penalize these very low wage exporters to give competitive advantage to exporters and local producers with higher wages but also to incentivize higher wages in a way that set rates make producers more profitable if they paid workers more (and likewise other human development and environmental…

Post by readthenotes1 » Sat, Apr 05, 2025, 5:27 AM UTC

deepfriedchokes wrote: post #7

Trump was the emotional vote, and he is governing emotionally.