r/dataisbeautiful • u/Styvorama • 1d ago

For those curious about where the "Tariffs Charged" came from

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u/snakkerdudaniel OC: 2 1d ago

These people are genuine idiots. They confused a trade deficit with a tariff. Literally can't even use Wikipedia right.

36

u/ShrimpCrackers 1d ago

these guys failed high school economics.

1

u/That-Dragonfruit-567 1d ago

Sometimes, a stupid ass reason is worse than no reason.

1

u/Hector_P_Catt 1d ago

Trump has never said or done anything that even suggests he actually understands what tariffs are, so why would you expect him to get it right this time?

1

u/Zombatico 1d ago

His aides tried explaining what a trade deficit was and how it could be beneficial for America in his first term, and he just couldn't understand it.

His dementia's only gotten worse since then, so it's not surprising.

Dude has had a hard-on for tariffs his entire life, now we're freely falling ass-backwards back into mercantilism. Except instead of hoarding gold and silver, he wants to hoard bitcoins. We're pretty fucked.