Critics suspect Trump’s weird tariff math came from chatbots

hel1kx

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Critics are questioning if Donald Trump's administration possibly used chatbots to calculate reciprocal tariffs announced yesterday that Trump claimed were "individualized" tariffs placed on countries that have " the largest trade deficits" with the US.

So-called "reciprocal tariffs." There's nothing actually reciprocal about them.

A good description I saw online yesterday: you don't have a "trade deficit" with your dentist because you buy stuff from them but they (probably) don't buy stuff from you.
 
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Some overseas officials challenged Trump's math, such as George Plant, the administrator of Norfolk Island, who told the Guardian that "there are no known exports from Norfolk Island to the United States and no tariffs or known non-tariff trade barriers on goods coming to Norfolk Island."
Mr. Plant is apparently not into house plants.
Norfolk Island pine
 
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1Zach1

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David Mayer

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Step 2: once the dollar slides in the gutter in value compared to other currencies, these dipshits roll out their plan for a crypto-based economic currency.
Americans 3 months ago:
What's the difference between the Dollar and the Ruble? About a dollar
Chinese Soon:
What's the difference between the Chinese Yuan and the Dollar? About a Yuan.
 
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Abruptly doing that would crash the world’s current financial system. Nobody is able to accept that for their own economies.

What is happening instead is a gradual realignment of the global financial systems. That will become apparent in a gradual decline in USD versus other world currencies.

It won't be gradual, though. It might be gradual at first and then suddenly all at once. FOMO tends to mitigate against gradual re-alignments, and the need for orderly supply chains similarly tends to create a selective force that way.

This is the problem with economists who assume rational actors: they forget Clausewitz's dictum that wars are fought by human beings.
 
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StrawberryMilkSamurai

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Not to mention that despite his "popularity" trump won 49.8% of the popular vote.

Claiming a blanket mandate for every single of his policies is farcical when more people voted for someone that wasn't him compared to the amount that voted for him.
Trump won the popular vote, unfortunately. 77 million morons voted for him compared to 74 million for Kamala.

Fascism came to America in 2024, wrapped in a flag and with a Bible on top.
 
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stable genius
Nah, but vindictive individuals have some clever tricks...and there are some profiting from the markets. This is all just a game to the orange mobster. Until lives are lost. Then they come with torches and pitchforks and no sane guard is gonna get $40/hr to put their own life above orange mobster.
 
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radarskiy

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The median businessman has no idea how capitalism works; at the 90th percentile they are actively opposed.

Mercantilists believe every transaction is zero-sum (with the possible exception of extraction of raw materials). They view someone else's gain as necessarily their loss. They reject the concept of productivity out of hand.
 
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fancysunrise

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Well Mr. Squidward, the way I see it there are three possibilities...

They used chat bots without understanding what they are and can and can't do and didn't know or bother to check anything, because they're dumb;

The lied in such a ridiculous and lazy way, thinking anyone would be fooled, because they're dumb and/or know their base will eat it up no matter what, because they're dumb;

They did it themselves and are just plain dumb.
 
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Aurich

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Whether the Trump administration actually consulted chatbots while devising its global trade policy will likely remain a rumor.

That's what goes for "reporting" here? A rumor? Seriously, I know you hate Trump but you need to do better than this.

Of course it is based on goods and not services. That is the whole point. Other countries dump their products here and American made products have a hard time getting into other countries so we end up making less stuff here. Get it now. We don't want to be a country that makes nothing and depends on other countries for everything.

Instead of getting "triggered" on what "might" happen look at what is actually happening. Billions of dollars of new investment inside of America and GM picking up production in Fort Wayne and hiring, now, today, not a maybe in the future.
Sounds like you're triggered.
 
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AusPeter

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Whether the Trump administration actually consulted chatbots while devising its global trade policy will likely remain a rumor.

That's what goes for "reporting" here? A rumor? Seriously, I know you hate Trump but you need to do better than this.

Of course it is based on goods and not services. That is the whole point. Other countries dump their products here and American made products have a hard time getting into other countries so we end up making less stuff here. Get it now. We don't want to be a country that makes nothing and depends on other countries for everything.

Instead of getting "triggered" on what "might" happen look at what is actually happening. Billions of dollars of new investment inside of America and GM picking up production in Fort Wayne and hiring, now, today, not a maybe in the future.
Quick pop quiz.

  1. What part of the US is suitable for growing coffee?
  2. What countries that do grow coffee, have just had arbitrary tariffs applied to their goods?
  3. Who pays tariffs? The buyer or the seller?
 
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lurknomore

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Shamelessly stealing from a post on X I saw in another news source. I refuse to link to X.

Trump thinks the EU is a country.
<snip>

Idiot doesn't even get geography, yet millions thought it would be a great idea to put him in charge.
The EU is, for all practical commercial aspects, a single federal country.
Just don't tell the Europeans, who are careful not to think about it that way.
 
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Wheels Of Confusion

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We don't want to be a country that makes nothing and depends on other countries for everything.
It's a sign of our economic power and standing the world that we buy tons of stuff from all over the world.
Well, it was. The guy you're defending is destroying more than a century's worth of alliance because he doesn't understand the concept of "soft power." Or "alliances" for that matter.
 
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David Mayer

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Trump won the popular vote, unfortunately. 77 million morons voted for him compared to 74 million for Kamala.

Fascism came to America in 2024, wrapped in a flag and with a Bible on top.
If you define winning the popular vote as getting the most votes instead of getting over 50% of the votes, sure.
 
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Erbium68

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Cyrillic is based on Greek, but so is Latin, and they both changed over time. The lowercase Cyrillic е looks like English e, not Greek ε. Cyrillic ф looks different from Greek φ.
Well of course you are correct but I wasn't being serious, as I thought obvious.
I was making a feeble joke suggesting Russian influence on the tariff calculations.

Having learned both Greek and Cyrillic manuscript, I would also point out with all due respect that in manuscript the forms of epsilon and phi can be much more similar in Greek and Cyrillic than your example face. When Cyril and his followers started documenting Slavic, the letters in Greek and Cyril's orthography were identical. It goes the other way too; handwritten ш in Cyrillic shows hardly any resemblance to handwritten shin in Hebrew, but the printed forms are recognisably similar.
 
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Kebba

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Here's math that's not weird: At what point will the EU, Japan, and China retaliate with the financial equivalent of a nuclear weapon....halting their purchases of U.S. Treasury securities.

  • That huge pile of debt is the root of U.S. power today: thanks to the borrowing, we can spend far more than we take in, so we can buy anything: we are simultaneously a giant welfare state, #1 military power, and 'global influencer'.
  • Other countries need to stop enabling that. And put Trump back in his place.

What are the odds Trump will soon think that paying interest is for suckers and just stop? It would be crazy, but it is really too crazy? What you ask is going to happen about 5 seconds after that.

Trump is the American Liz Truss.
You wish. Truss at least was sensible enough to try and walk it back eventually and was then booted for the stupidity. (Yes I know she resigned, but come on, she was kicked out)
 
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This is terrible but it's also so very funny. Trump (and the american and increasingly global right) is impossible to satirize; it would be like trying to make fun of the sun because it's bright. "Literally the most powerful/wealthy nation on earth and maybe in the history of the human race tanked itself and the world economy because it asked an 'AI' what countries have been mean to them" is ... several levels of nonsense, and seeing all this play out in real time is pretty incredible, but also not good because it's real.
 
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