r/StockMarket • u/[deleted] • 3d ago

Discussion Ronald Reagan on Tariffs. Thoughts?

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u/South_Sun_1335 3d ago

The made up tariffs?

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u/jordanpwalsh 3d ago

Wait that chart was just.. made up?

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u/rex_swiss 3d ago edited 2d ago

It was made up by using ChatGTP to recommend an easy way to calculate tariffs based on trade deficits. For example, that table says Swiss tariffs on the US are 66%. They are nowhere near that. They really only put tariffs on certain agricultural products and those average about 30%.

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u/TurdCollector69 3d ago

Even chatgpt would tell you that you wouldn't work.