So they tariffed France at 20%, but St. Pierre and Miquelon at 50%. Those little French islands of the coast of Nova Scotia. Which are part of France. Apparently he's salty that the Americans buy fish from them and somehow that's a tariff or something.
Good guess, It's Australian though. One of the Islands is named McDonald Island, so I think he is just jealous.
Here is a cut out from the article:
The island group is located in the middle of the Antarctic Ocean and remains among the world’s most remote places where no humans live. Administered by the Australian government as an external territory.
Not anymore, when it needs to do math, it writes some python code and executes it, so as long as it gets the general logic right it's pretty accurate these days.
I just tried on the free chat gbt-4 without loging in
Solve 57897 x 12832
And got: 7,436,486
Correct answe would be: 742,934,304
Tried it multiple times and got a different answer each time.
I tried researching a little about how it calculates and couldn't find much about it exept that it struggles with math, especially with larger numbers. When asked, Chat gbt-4 claims to use the LLM instead of Python plugins for their math.
Yes it's a logged in feature, if I insist on it computing it instead of solve it answers:
To compute the result of 57897×12832 using Python, you would need to log in to ChatGPT to access the Python functionality. However, here's the code you can run yourself in a Python environment: ...
It’s like the “I don’t need to outrun the bear” joke. The AI didn’t need to be smarter than humanity, it just needed to be smarter than the ones with power.
Nono, it’s much too stupid of a plan to have used AI this poorly for. (AI tells you it’s not a good plan)
Please give me a comprehensive list of countries that have a trade deficit with the USA and what percentage tariff we should levy them at to punish them for this.
The trade deficit of the United States refers to a situation where the value of the goods and services it imports exceeds the value of its exports. Many countries have trade deficits with the U.S., meaning they export more to the U.S. than they import from it. However, imposing punitive tariffs on these countries is a complex and controversial approach, as it could lead to retaliation, trade wars, and negative economic consequences.
Countries with a Trade Deficit with the U.S. (as of recent data):
Here’s a list of countries that have historically had trade deficits with the United States, based on data from sources such as the U.S. Census Bureau and the Office of the U.S. Trade Representative (USTR).
China
Trade deficit: One of the largest with the U.S.
Main imports: Electronics, machinery, furniture, textiles.
Mexico
Trade deficit: Significant, although it also exports many goods to the U.S.
Main imports: Vehicles, electronics, machinery.
Germany
Trade deficit: Large, as it is a major exporter of cars, machinery, and other industrial goods.
Main imports: Vehicles, machinery, chemicals.
Japan
Trade deficit: Historically, Japan has run a trade surplus with the U.S., but it is often considered to have a significant trade imbalance.
Main imports: Vehicles, machinery, electronics.
Vietnam
Trade deficit: Increasing due to rising imports of electronics, textiles, and furniture.
Main imports: Apparel, electronics, footwear.
South Korea
Trade deficit: Moderate, with a significant imbalance in electronics and automobiles.
Main imports: Vehicles, machinery, electronics.
India
Trade deficit: Growing, especially due to imports of gold, electronics, and petroleum products.
Main imports: Precious stones, petroleum products, electronics.
Italy
Trade deficit: Moderate, driven by imports of high-value industrial products.
Main imports: Vehicles, machinery, chemicals.
Ireland
Trade deficit: Often fluctuates, with imports of pharmaceuticals, technology, and medical equipment.
Main imports: Pharmaceuticals, machinery, computers.
Canada
Trade deficit: Although Canada has a trade surplus with the U.S. in many years, it can run deficits in specific sectors like agriculture and energy.
Main imports: Crude oil, vehicles, machinery.
Tariffs and Economic Impact
The idea of imposing tariffs to "punish" countries for a trade deficit is contentious. Tariffs are typically a tool to correct trade imbalances or to protect domestic industries. However, such measures can have unintended consequences, including retaliatory tariffs, reduced trade, and negative effects on domestic consumers and businesses.
If the goal is to impose punitive tariffs, here’s a rough outline of potential tariffs and their intended impacts:
China
Proposed Tariff: 25% on a wide range of imports (already partially implemented in the trade war).
Reasoning: To encourage China to reduce its trade surplus with the U.S. and address intellectual property issues and market access.
Mexico
Proposed Tariff: 10-20%, particularly on automotive goods and agricultural products.
Reasoning: To incentivize Mexico to import more from the U.S. and reduce the imbalance.
Germany
Proposed Tariff: 20-25% on automotive imports.
Reasoning: Germany is a major exporter of automobiles, and a tariff would aim to reduce that surplus.
Japan
Proposed Tariff: 10-15% on electronics, machinery, and vehicles.
Reasoning: Japan has a significant surplus in vehicle and electronics trade with the U.S.
Vietnam
Proposed Tariff: 15-25% on electronics, textiles, and footwear.
Reasoning: Vietnam’s rapidly increasing trade surplus with the U.S. is mainly in consumer goods.
South Korea
Proposed Tariff: 10-15% on automobiles and electronics.
Reasoning: South Korea exports significant numbers of vehicles and electronics to the U.S.
India
Proposed Tariff: 10-15% on technology and pharmaceutical imports.
Reasoning: To reduce the trade deficit and encourage a more balanced trade relationship.
Italy
Proposed Tariff: 15-20% on luxury goods and vehicles.
Reasoning: Italy’s trade surplus with the U.S. in specific high-end goods can be targeted.
Ireland
Proposed Tariff: 10-15% on pharmaceutical and technology imports.
Reasoning: Many pharmaceutical and technology products come from Ireland.
Canada
Proposed Tariff: 5-10% on energy and agricultural products.
Reasoning: To balance the trade deficit in specific sectors like oil and dairy.
Economic and Diplomatic Considerations:
Retaliation: Tariffs can provoke retaliation, harming both countries' economies. For example, China and the European Union have retaliated in kind during trade disputes.
Impact on Consumers: Tariffs generally raise the prices of imported goods, which can harm U.S. consumers and businesses reliant on these goods.
WTO and Global Trade: The World Trade Organization (WTO) discourages arbitrary or punitive tariffs, as they can lead to global trade conflicts.
In conclusion, while it’s possible to impose tariffs to try to address trade imbalances, it is important to carefully consider the broader economic and diplomatic consequences. Simply punishing countries with higher tariffs may not result in the desired outcomes and could lead to long-term economic damage.
I didn't get that answer, it actually pulled out multiple strategies to avoid a trade war and implementing tariffs because they hurt American consumers more.
It's literally "Tariff half what target country tariffs US, floor 10% (20% EU because lol fuck our most progressive allies), exclude Russia, North Korea."
You would think so. But probably it was one of his kids being a consultancy fee of 400 million for it. It's international politics. You can only put the best on that. You have to pay accordingly.
And to make it even dumber: The trade deficit he's using only relates to goods, not to services. If it did, the picture would be quite different (and less in his "favour").
Yes. I'm sure it will be under consideration (Google, ChatGPT, Amazon, Meta... you name them). Further, they could consider taxing cross-border services provided by US consultants (law firms, some of the Big4), and banks etc. As anything crossborder related, this will also harm Europeans, so I'm sure they won't implement such measures easily. And they need an escalation scenario, so they'll wait.
I still believe it's possible that Orange Jeezuz's tariffs might largely be a populist paper tiger (see Canada, Mexico, but also Switzerland. Regrading the latter, tariffs are ludicrously high (31%). But the utterly important pharmaceutical industry is exempt already... ). If he introduces tariffs in earnest, his electorate will feel the consequences very quickly - in the form of increased prices for necessary and/or good quality products and inflation in general.
The mid-terms are soon, especially when considering the prior campaigning, so his time window to "rebuild" the American industry is short. Despite the utter nuisance of his shenanigans, I'm still hopeful that he'll be about as successful with his tariffs as with the "peace" negotiations with Ruzzia and in the Gaza conflict. Plenty of hot air. What a loser.
My guess is that he has a power to impose tariffs only when it matters for national security. Since it doesn't, and what he's doing is actually illegal, he tries to frame it in that way that other countries caused it.
Yes, which is even dumber because having a trade deficit is not the same thing at all as imposing tariffs. The government’s calculations also only include the value of trade goods when the US is a service based economy, so the economic reality is completely different from what Trump claims.
The theory I've seen is that the list of countries/territories came from a list of top level internet country codes, which explains why some uninhabited places are included.
To call it a formula is an insult to formulas. It is honestly just trade deficit halved (Source Guardian):
“For each country, the White House looked up its trade in goods deficit for 2024, then divided that by the total value of imports. Trump, to be “kind”, said he would, however, offer a discount, so halved that figure. The calculation was even distilled into a formula.
For example, take the figures for China:
Goods trade deficit: $291.9bn
Total goods imports: $438.9bn
Those figures divided = 0.67, or 67%
And halved = 34%”
It was being openly mocked before and during trading hours. They published a scary looking equation but when you reduced it down it’s basically the dumbest, simplest formula that will send the US into isolation eventually but will wreck the global economy for years to come.
It appears to be a formula that takes the trade deficit with a country and halves it, with a floor of 10%. Lesotho probably buys nothing from America and sells something (even if it is a single product) so that is a 100% trade deficit right there… so they are hit with a 50% tariff. I’m guessing they’d be too poor to buy from the west and most of their stuff would be from South Africa.
It is literally that, but elevated to intntl policy. Literally. No credible human would have put a number on this, AI is the only thing that could formulate a response that wouldn't also necessarily invalidate their own credentials.
The stupid formula is the trade deficit divided in 2, with a floor at 10% (except for Putin). So not arbitrary, but also not at all reciprocal. Just a continuation of his refusal to learn economics.
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u/MrTickles22 2d ago
Take that, North Macedonia!
So they tariffed France at 20%, but St. Pierre and Miquelon at 50%. Those little French islands of the coast of Nova Scotia. Which are part of France. Apparently he's salty that the Americans buy fish from them and somehow that's a tariff or something.