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"https://www.cnbc.com/2025/04/05/economists-take-issue-with-trumps-tariff-formula-arguing-rate-is-inflated.html"
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"Economists take issue with Trump's tariff formula, arguing rate is inflated"
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"The formula, which relies on a trade deficit with the US divided by exports, then divided by two, is criticized for underestimating a key metric, resulting in inflated tariff rates. Economists argue that the formula assumes an elasticity rate lower than it should be, and that if adjusted, no country's tariff would exceed 14% and most would be at exactly 10%."
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"content": "nostr:nprofile1qy3hwumn8ghj7un9d3shjtt5v4ehgmn9wshxkwrn9ekxz7t9wgejumn9waesqg8s6k3k5x5msvlqc27wsrheakdcdral0j5mwp33c3fhxxl98nvy9yh2tyxn\nECONOMISTS TAKE ISSUE WITH TRUMP'S TARIFF FORMULA, ARGUING RATE IS INFLATED\n\nhttps://image.cnbcfm.com/api/v1/image/108127144-1743863141936-GettyImages-2207864079.jpg?v=1743863181\u0026w=1920\u0026h=1080\n--\n✍️ President Trump's tariff announcement has been met with confusion from economists, who argue that his formula is based on flawed assumptions.\n--\n👉 Trump's tariff formula is based on a flawed assumption about elasticity\n👉 The formula underestimates a key metric, resulting in inflated tariff rates\n👉 Economists argue that the formula should assume an elasticity rate of 1.0, not 0.25\n👉 If adjusted, no country's tariff would exceed 14% and most would be at exactly 10%\n\n--\n#DonaldTrump #KevinCorinth #StanVeuger #TrevorMilton #EliseStefanik #Putin #UnitedStates #China #Lesotho #Greenland #LasVegas #politics\n--\nnostr:nevent1qvzqqqqqqypzpux45d4p4xur8cxzhn5qa70dnwrgl0mu4xmsvvwy2de3hefumppfqy3hwumn8ghj7un9d3shjtt5v4ehgmn9wshxkwrn9ekxz7t9wgejumn9waesqgrwnmnmdkel2fjpyrj6z5kjdpdjr0kxq7gx6j2eptuc26rktfqxcsslxmzp \n ",
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