Just figured out where these fake tariff rates come from. They didn't actually calculate tariff rates + non-tariff barriers, as they say they did. Instead, for every country, they just took our trade deficit with that country and divided it by the country's exports to us.
So we have a $17.9 billion trade deficit with Indonesia. Its exports to us are $28 billion. $17.9/$28 = 64%, which Trump claims is the tariff rate Indonesia charges us. What extraordinary nonsense this is.
Well, it’s gonna be a good day for me. I put triple bear shorts on the S&P 500.
The USA is going to be destroyed by Donald Trump and this is clearly by intentional by the way.
People will start picking apart the math. It’s obvious all the lies he told about foreign tariff rates. First, he already created a magic escalator that he could just pretend existed called “trade barriers and currency manipulation” OK well the Euro is not a manipulated currency. Arguably far less than the dollar. Europe doesn’t have trade barriers. They had modest tariffs. So the 20% tariff is much higher than the tariffs the Europeans actually impose on US goods and what is essentially done for most countries is simply look at the trade balance on goods (but not services - because if you use services we’d be ahead - but they don’t want you to look at that) and then he simply divided it to come up with the tariff number.
It has nothing to do with tariffs and nothing to do with currency manipulation or trade barriers. The man is intentionally trying to break the back of the American economy so that people will be so impoverished that they will accept a dictatorship. That is the only logical conclusion… the rest is all lies. Sorry, but that’s what’s happening.
Example - we have a $17.9 billion trade deficit with Indonesia on *goods*. Its exports to us are $28 bil. $17.9/$28 = 64%, which Trump claims is the tariff rate Indonesia charges us. So these numbers have nothing to do with actual tariffs and nothing to do with “currency manipulation or trade barriers“ he’s even lying about the category title.
BREAKING: Jeep debuts the best commercial of Super Bowl 59.
They dropped $32 million on this ad—and they’re about to get their money’s worth and then some.
Starring Harrison Ford and the American flag, the ad featured several patriotic statements, including:
“Freedom is for everybody. But it isn’t free. It’s earned.”
“There are real heroes in the world, but not the ones in the movies. Real heroes are humble, and they’re not driven by pride.”
“The most sacred thing in life isn’t the path. It’s the freedom to choose it.”
🚨#BREAKING: Animal rescue crews are actively investigating after reports of several pigeons were spotted with glued on Santa hats
📌#LasVegas | #Nevada
Animal Rescure crews are currently investigating in Las Vegas, Nevada, after numerous reports of pigeons spotted wearing glued-on Santa hats. One individual, who recorded footage of a pigeon sporting a Santa hat in the Las Vegas Convention Center parking lot, expressed shock at the sight. This incident comes nearly five years after pigeons wearing tiny cowboy hats were seen wandering around Las Vegas. Now, someone appears to be using tiny Santa hats.