18 votes

Explaining the Donald Trump tariff in the US

5 comments

  1. llehsadam
    Link
    This is the most educational explanation I saw of that unique equation. He goes into a deep-dive with the sources for the data and points out the irregularities and problems with the...

    This is the most educational explanation I saw of that unique equation.

    He goes into a deep-dive with the sources for the data and points out the irregularities and problems with the simplifications and shortcuts that were made.

    TL;DR: The equation is a superficially fancy way of hiding a bunch of bullshit.

    12 votes
  2. [3]
    terr
    Link
    I just finished watching this video after the Perun one posted earlier. I suspect YouTube's algorithm must be at work here connecting the two. Nice video and does a good job explaining the...

    I just finished watching this video after the Perun one posted earlier. I suspect YouTube's algorithm must be at work here connecting the two.

    Nice video and does a good job explaining the breakdown of the formula and just how generally unscientific and haphazard this whole tariff scheme is. I particularly like how he points out toward the end that the US government pretty explicitly expects this scheme to cause 10.25% inflation in the US, assuming every other country just stands by and takes it (which they aren't, leading to Trump's new threat of an additional 50% tariff added to China and I'm sure there will be other similar responses).

    7 votes
    1. [2]
      Akir
      Link Parent
      YouTube sees these tariffs as generally trending, and I assume that it’s pushing stuff about it to everyone because of this. I’m getting them recommended to me even though it’s pretty different...

      YouTube sees these tariffs as generally trending, and I assume that it’s pushing stuff about it to everyone because of this. I’m getting them recommended to me even though it’s pretty different from my usual stuff.

      3 votes
      1. terr
        Link Parent
        Honestly, my YouTube algorithm is pretty messed up. I don't watch much stuff on there at all, mostly just MBMBAM's Monster Factory and some LegalEagle videos because they're entertaining, but I...

        Honestly, my YouTube algorithm is pretty messed up. I don't watch much stuff on there at all, mostly just MBMBAM's Monster Factory and some LegalEagle videos because they're entertaining, but I clicked on a couple of those self-satisfied "disproving the beliefs of the people that don't agree with me" videos and now that brand of video is like a cancer that has taken over my recommendations.

        Anyway, enough of me getting off-topic.

        4 votes
  3. llehsadam
    (edited )
    Link
    On a grammatical side-note: the quick mod title edit to replace „Trump“ does add a few general details, but it’s slightly more annoying to read since „US President Donald Trump“ acts as an...

    On a grammatical side-note: the quick mod title edit to replace „Trump“ does add a few general details, but it’s slightly more annoying to read since „US President Donald Trump“ acts as an adjective now. I think Trump Tariff is actually a proper noun in this case.

    5 votes