
James Surowiecki on Xitter has figured out the formula used to compute the #trumpTariffs and it’s dumber than you ever expected. Like, STUPENDOUSLY stupid. I wouldn’t even be surprised if you told me they used AI to come up with this nonseniscal scheme.
Be sure to catch Trump’s Deputy White House Press Secretary try to dispute Surowiecki’s assertion by publishing the formula they used…which confirms Surowiecki’s assertion.
Read the formula here https://ustr.gov/issue-areas/reciprocal-tariff-calculations and marvel at the fancy Greek constants they chose ε = ¼ and Φ = 4 which multiply together to cancel each other out, and leave behind exactly what Surowiecki asserted. Hilarious.
Sources:
https://xcancel.com/JamesSurowiecki/status/1907559189234196942#m
https://xcancel.com/JamesSurowiecki/status/1907564123862257863#m
https://xcancel.com/JamesSurowiecki/status/1907657860793696281#m