Wow! I just listened to a programme on TV that explained how Trump worked out his tariffs.
Very embarrassing to be honest.
Calculation is the total amount of trade divided by the surplus of trade for a particular country. Even the uninitiates can see a huge flaw in that calculation. Does not reflect any reality.
Plus, the 10% tariff was levied at any country that the US has a surplus of trade – guess that is where the US is ripping those countries off.
I was hopeful that Trumps policies were based on something solid – which is clearly not the case.
Bringing down the global economy – which is going to go into recession – based on this sort of idiocy is almost criminal.
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.654M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.2¢ | 0.2¢ | $210 | 104.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 64 | 38848316 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 18281126 | 25 |
View Market Depth
| Last trade - 12.28pm 27/06/2025 (20 minute delay) ? |
| BIT (ASX) Chart |