Foreign Affairs

TexasTowelie

(120,804 posts) Thu Apr 3, 2025, 08:56 AM Apr 3

70% Hit: China Devastated By US Tariffs; Chinese Economy; Taiwan Tensions: Massive Drills - China Update

00:00 Introduction
00:15 US Hits China With Massive Tariffs
07:36 Taiwan Tensions: China Launches Large-scale Military Drills

2 replies

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70% Hit: China Devastated By US Tariffs; Chinese Economy; Taiwan Tensions: Massive Drills - China Update (Original Post) TexasTowelie Apr 3 OP

Thanks for these reports. multigraincracker Apr 3 #1

The formula used by trump to calculate tariffs is very stupid LetMyPeopleVote Apr 3 #2

multigraincracker

(35,688 posts)

1. Thanks for these reports.

Reply to TexasTowelie (Original post)

Thu Apr 3, 2025, 09:39 AM

Apr 3

Hunger in China has never worked out well in China.

LetMyPeopleVote

(163,222 posts)

2. The formula used by trump to calculate tariffs is very stupid

Reply to TexasTowelie (Original post)

Thu Apr 3, 2025, 01:16 PM

Apr 3

This is a very stupid way to calculate tariffs

Link to tweet

Here is the Vietnam example

Link to tweet

This guy cracked the tariff formula:
@orthonormalist

It’s simply the nation’s trade deficit with us divided by the nation’s exports to us.

Yes. Really.

Vietnam: Exports 136.6, Imports 13.1
Deficit = 123.5

123.5/136.6 = 90%

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