You realize the non china tariffs got cancelled (for another 90 days topkek) because they were a shit idea and all you have to show for it is a huge loss on stocks and an even bigger loss on trust and directly following willingness to trade with you from literally all your non russian allies. Money generated from tarrifs until now: 0$, well played
Also somehow now all the alt right understand that tariffs are a tax on the citizens? Weird, felt like talking to windmills explaining this a few months ago.
I have a bachelors in economy mathematics (and a masters in maths/cs fwiw), what exactly are your qualifications?
1.Tariffs
beyond 10% were delayed, while tariffs of 125% on China were maintained. They didn't get cancelled, we are still collecting that. Quick back of the napkin math for you
We import ~3.1trillion in goods of which roughly 450bn is from China.
Lets say it's only 100% on China goods, we would raise $225BN over a year.
Let's assume 10% of the other 2.5 trillion, that's another $250BN.
So roughly $475 BN revenue.
You didn't even know that we maintained these tariffs but want to pretend because you're educated on paper that somehow means something? Lol.
And for the record i have a econ bachelors, MBA and work in finance and write memos where i do long form financial analysis. Don't bring your background into this, let your argument be good enough on a standalone basis.