wall streets take on morons tariffs
this is from a report issued by a wall street analyst this morning talking about the tariffs
In the Rose Garden at the White House President Trump laid out a jaw dropping
reciprocal tariff chart that will be showed in classrooms and be written about for
years to come by economists.....because they are so illogical and absurd. Let's
start there. First off, the tariff numbers showed are factually incorrect what other
countries charge the US. They are a convoluted set of numbers/calculations that
appear to be taking each nation's trade surplus by their total imports with the
US. To be clear these are not the actual tariff rates. If a 9th grader in high school
presented this tariff chart to a teacher in a basic economics class the teacher
would laugh and say sit down and work on the assignment.
https://wedbush.bluematrix.com/sellside/EmailDocViewer?encrypt=89298caf-d9e5-4463-9f71-44ecea3f23d1&mime=pdf&co=wedbush&id=replaceme@bluematrix.com&source=mail
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