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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 davedx on Thursday April 03, 2025 @02:28AM (#43565539)
It's not: in the formula they posted, phi is the "passthrough from tariffs to import prices". That's where the country's own tariffs are factored in. Or am I reading this wrong?
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Re:US Administration announces 34% tariffs on China – 20% on EU by agf on Thursday April 03, 2025 @03:10AM (#43565911)
> Parameter Selection

> ... The price elasticity of import demand, ε, was set at 4.

> ... The elasticity of import prices with respect to tariffs, φ, is 0.25. ...

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Re:US Administration announces 34% tariffs on China – 20% on EU by javcasas on Thursday April 03, 2025 @07:29AM (#43568077)
Those two letters are Greek! Tariff them! Substitute them with superior American letters, like... you know what you have to do!
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Re:US Administration announces 34% tariffs on China – 20% on EU by shawabawa3 on Thursday April 03, 2025 @03:47AM (#43566242)
You're reading it wrong because it's nonsense

None of the values are related to their names in any way

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Re:US Administration announces 34% tariffs on China – 20% on EU by aredox on Thursday April 03, 2025 @06:20AM (#43567471)
It is AI-generated slop. They did no work on this at all.
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