News for hackers. Stuff that matters.

A comment on US Administration announces 34% tariffs on China – 20% on EU. Parent comment

Re:US Administration announces 34% tariffs on China – 20% on EU by stingrae on Thursday April 03, 2025 @01:53AM (#43565273)
for reference, the Deputy White House Press Secretary's tweet (providing evidence of (2): https://x.com/KushDesai47/status/1907618136444067901
[ Parent | on HN ]
Re:US Administration announces 34% tariffs on China – 20% on EU by dragonwriter on Thursday April 03, 2025 @02:01AM (#43565328)
It also proves (1), since it is a response (QRT, rather than a comment) to a tweet describing the trade deficit/exports approach, and starts with "No we literally calculated tariff and non tariff barriers.", and then presents the formula proving (2).
[ Parent | on HN ]
Re:US Administration announces 34% tariffs on China – 20% on EU by tailspin2019 on Thursday April 03, 2025 @03:12AM (#43565927)
What’s QRT?
[ Parent | on HN ]
Re:US Administration announces 34% tariffs on China – 20% on EU by MarcelOlsz on Thursday April 03, 2025 @03:20AM (#43566002)
I assume quote retweet.
[ Parent | on HN ]
Re:US Administration announces 34% tariffs on China – 20% on EU by alfiedotwtf on Thursday April 03, 2025 @04:39AM (#43566685)
The Onion couldn't even make half of this up without looking like bad writers... but here we are
[ Parent | on HN ]
Re:US Administration announces 34% tariffs on China – 20% on EU by stavros on Thursday April 03, 2025 @05:01AM (#43566878)
Reality isn't constrained by quality bars.
[ Parent | on HN ]
Re:US Administration announces 34% tariffs on China – 20% on EU by BLKNSLVR on Thursday April 03, 2025 @07:56AM (#43568339)
Someone quoted this headline elsewhere, so I looked up the actual article[0].

It would have been hilarious back in 2001. It's... scarily prescient in 2025. Can satire be just too good?

[0]: https://theonion.com/bush-our-long-national-nightmare-of-pea...

[ Parent | on HN ]
Re:US Administration announces 34% tariffs on China – 20% on EU by rtkwe on Thursday April 03, 2025 @08:48AM (#43568832)
That formula just simplifies to trade_deficit/2*total_imports per country. It doesn't disprove anything it just looks fancier but the two extra terms are constants that simplify to 2. If you do the math it lines up for every country that didn't get the default 10% rate.

https://imgur.com/a/jBTiz7T

[ Parent | on HN ]