Oh hey! It’s the thing I was talking about!
There is no 4D chess. This administration really is as stupid and incompetent as it appears.
The Trump White House Cited My Research to Justify Tariffs. They Got It All Wrong.
Submitted 1 month ago by silence7@slrpnk.net to nyt_gift_articles@sopuli.xyz
Comments
elucubra@sopuli.xyz 1 month ago
I’m all for tariffs, but… Reduce by a 1/4? That is also idiotic. General tariffs are bullshit. Tariffs can and should be used, but in a surgical way. Full blast globalism allows nations like China to dump with the objective of killing other countries sectors. Also, they should be decided by political consensus, in a long term strategy, and supplemented with incentives, to allow local reindustrialization to happen.
SteveCC@lemmy.world 1 month ago
“The Office of the U.S. Trade Representative released its methodology and cited an academic paper produced by four economists, including me, seemingly in support of their numbers. But they got it wrong. Very wrong. I disagree fundamentally with the government’s trade policy and approach. But even taking it at face value, our findings suggest the calculated tariffs should be dramatically smaller — perhaps one-fourth as large.”
Auntievenim@lemmy.world 1 month ago
ghost9@lemmy.world 1 month ago
They already tariffed penguins. Ants are next.
edgemaster72@lemmy.world 1 month ago
“If 1/4 tariff is good, full tariff must be 4x as good!”