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What the fuck is he doing?! (50501.chat)

submitted 6 days ago by [email protected] to c/[email protected]

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The stock market just crashed by 2 trillion! This is the Republican Recession folks!

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[–] [email protected] 37 points 6 days ago (5 children)

Q: Which country does NOT appear on the tariff list?

[–] [email protected] 3 points 6 days ago (1 children)

What is the first column with percentages?

[–] [email protected] 8 points 6 days ago

Deep Maths!

The method used to calculate the most important numbers in international trade, politics and economics has left some of the world’s leading experts shocked.

For each country, the White House looked up its trade in goods deficit for 2024, then divided that by the total value of imports. Trump, to be “kind”, said he would, however, offer a discount, so halved that figure. The calculation was even distilled into a formula.

For example, take the figures for China:

Goods trade deficit: $291.9bn

Total goods imports: $438.9bn

Those figures divided = 0.67, or 67%

And halved = 34%

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