Tit for Tat Tariffs - The US versus the World

[loveofourlord]

AGAIN love how you guys ignore this, love to see one of you respond to this. 2023, us exported 400 billion to around 440 billion imported from Canada, that is 10% difference AND an actual deficit on canada. us has 8X's the population of Canada, but balry 10% difference, sounds like US is ripping off Canada. If we were basing imports/exports on actual fairness, the us should be importaing 3.2 trillion from canada not 400 billion.

 

[perplexed]

I have ZERO problems with a tit for tat tarrif.

Nobody has problems with tit for tat tariffs.
If the US was actually being unfairly tariffed then ANY president democrat or republican would
respond with a tit for tat tariff, because that is what all leaders do

 

[Merrill]

Uh… If that’s immediately where your head goes when you hear that, that’s on you… Not Democrats.

Most of us hear that as what it is… A statement that the turkeys voted for Thanksgiving and yet are shocked at what they see on the menu.

he said "If we are considering "where" the idiocy really lies, I suggest the obvious - the voter."

so how am I supposed to interpret that exactly? Sure sounds like an indictment on certain voters, and matches up with other comments Democrats have made in the last 5-10 years.

 

[loveofourlord]

he said "If we are considering "where" the idiocy really lies, I suggest the obvious - the voter."

so how am I supposed to interpret that exactly? Sure sounds like an indictment on certain voters, and matches up with other comments Democrats have made in the last 5-10 years.

Welll given that trump promised to do racist things, and is like his treatment of american citizens and imigrants then yes they are racist. We call them that because we've listened to them and watched them for the last 8 years.

 

[Hans Blaster]

Department of Geographic Errors

Nice work Guardian.

 

[rjs330]

The USA doesn’t ship enough dairy products for their tariffs to come into play…did you miss that part?

Nope. The information i saw was a list if MANY items and not just dairy.

 

[rjs330]

again not reality, the 250% on milk A) never has been put up B) only goes into effect, above a certain amount sold wich has never been hit so no, it's not reality. And as pointed out many of these so called tariffs are just the trade defcit and 0 tarrifs.

I didn't mention the dairy.

 

[loveofourlord]

I didn't mention the dairy.

no you mentioned dairy wich IS the 200% one/.

 

[rjs330]

AGAIN love how you guys ignore this, love to see one of you respond to this. 2023, us exported 400 billion to around 440 billion imported from Canada, that is 10% difference AND an actual deficit on canada. us has 8X's the population of Canada, but balry 10% difference, sounds like US is ripping off Canada. If we were basing imports/exports on actual fairness, the us should be importaing 3/2 trillion from canada not 400 billion.

I believe we import so much fas from Canada that if we became independent we wouldn't have a trade deficit with Canada. I dont know how accurate that is. But bottom line I repeat, I am okay with reciprocal tariffs. Not blanket ones on everything.

I also don't have any idea if any of this is going to be good or bad in the long run and neither do you.

 

[rjs330]

no you mentioned dairy wich IS the 200% one/.

Ummm... nope. Didn't say Dairy.

 

[loveofourlord]

Ummm... nope. Didn't say Dairy.

only one near 200% was dairy so nice try.

 

[Perpetual Student]

So if Trump is as incompetent and clownish as you say he is, and unqualified

then how clownish and unqualified is the woman who badly lost an election to him?

Is that the only option? I can, without much effort think of a few other options, like
* the American electorate is too stupid to recognize competence
* Trump is very good at promoting himself, but bad at governing
* the American electorate considers "owning the libs" more important than good governance
* Kamala Harris came too late into the race
* Kamala Harris was too tainted by the Biden legacy (for right or wrong)

or any combination of the above.
See, there are more options available, some might be the right ones, some might be wrong guesses.

 

[Pommer]

AGAIN love how you guys ignore this, love to see one of you respond to this. 2023, us exported 400 billion to around 440 billion imported from Canada, that is 10% difference AND an actual deficit on canada. us has 8X's the population of Canada, but balry 10% difference, sounds like US is ripping off Canada. If we were basing imports/exports on actual fairness, the us should be importaing 3/2 trillion from canada not 400 billion.

This “problem” goes away if Canada just grows up and becomes a state!

 

[loveofourlord]

This “problem” goes away if Canada just grows up and becomes a state!

just make sure you stock pile up on white paint if you start a war with us again :>

 

[Pommer]

just make sure you stock pile up on white paint if you start a war with us again :>

Who’s “us”?

 

[camille70]

Is that the only option? I can, without much effort think of a few other options, like
* the American electorate is too stupid to recognize competence
* Trump is very good at promoting himself, but bad at governing
* the American electorate considers "owning the libs" more important than good governance
* Kamala Harris came too late into the race
* Kamala Harris was too tainted by the Biden legacy (for right or wrong)

or any combination of the above.
See, there are more options available, some might be the right ones, some might be wrong guesses.

Another consideration: What looks like incompetence is intentional harm to our country.

 

[wing2000]

I believe we import so much fas from Canada that if we became independent we wouldn't have a trade deficit with Canada. I dont know how accurate that is. But bottom line I repeat, I am okay with reciprocal tariffs. Not blanket ones on everything.

Remove oil and the US has a trade surplus with Canada. Notably, Trump exempted Canadian energy products from the tariffs. Canada is also the largets export market for the U.S.

• Canada is the largest export market for the U.S. and makes up one of the smallest trade deficits, owing largely to U.S. demand for energy-related products.

Setting the Record Straight on Canada-U.S. Trade

Setting the Record Straight on Canada-U.S. Trade

economics.td.com

 

[camille70]

Trump’s new tariff math looks a lot like ChatGPT’s

ChatGPT may be the White House’s latest economic advisor.

www.theverge.com

When President Donald Trump began yesterday’s announcement of the White House’s latest trade policy brandishing a novelty-sized cardboard sign labeled “Reciprocal Tariffs,” the immediate and nearly unanimous response was bafflement. Trump slapped a 10 percent baseline tariff on all imports into the US, including from uninhabited islands, plus absurdly high rates on specific countries, supposedly based on “tariffs charged to the USA” — which didn’t match up to other, non-cardboard-sign-based estimates.

Where did these numbers come from? Apparently, an oversimplified calculation that several major AI chatbots happen to recommend.

A number of X users have realized that if you ask ChatGPT, Gemini, Claude, or Grok for an “easy” way to solve trade deficits and put the US on “an even playing field”, they’ll give you a version of this “deficit divided by exports” formula with remarkable consistency. The Verge tested this with the phrasing used in those posts, as well as a question based more closely on the government’s language, asking chatbots for “an easy way for the US to calculate tariffs that should be imposed on other countries to balance bilateral trade deficits between the US and each of its trading partners, with the goal of driving bilateral trade deficits to zero.” All four platforms gave us the same fundamental suggestion.

 

[wing2000]

....as a reminder, Republicans in Congress have the power to put a stop to all of this....if they want to....

 

[essentialsaltes]

Having assessed the game theoretical situation, China has responded to Trump's 34% tariff on everything Chinese with a 34% tariff on everything USAnian.

Tit, meet Tat.

China imposes a 34% tariff on imports of all U.S. products starting April 10

The new tariff matches the rate of the U.S. "reciprocal" tariff of 34% on Chinese exports that Trump ordered this week. [scare quotes in original]

[And for bonus points, they are restricting exports of rare earth metals]