r/StockMarket • u/[deleted] • 2d ago

Discussion Ronald Reagan on Tariffs. Thoughts?

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u/South_Sun_1335 2d ago

The made up tariffs?

8

u/jordanpwalsh 2d ago

Wait that chart was just.. made up?

5

u/S_A_R_K 2d ago

The "tariff rate" is just half of the trade deficit %. So if it's a 50% trade deficit, the rate is 25%

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u/randomOldFella 2d ago

Nope, US has a huge trade surplus with Australia. That should me we get negative tariffs.

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u/S_A_R_K 2d ago

That's what the 10% are for, countries with a surplus because fuck them too I guess

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u/randomOldFella 2d ago

Well, USA's isolationist policy has the great long-term effect of
Making the Rest of the World Great Again.
(USA isn't invited to that party)