Yes. So?
Are you doing an appeal to authority here? They're his economic advisors so they're very very clever and know what they're doing, is that it? I notice you do that sort of thing on here at times but you do it very selectively.
What? You were just asking for an authority behind the equation, claiming that Trump doesn't know what he is doing. The authority you asked for was provided. It's the Council of Economic Advisers. This overshadows your stand up math comedian, and pretty much any other source posted.
Yes, his advisors are economists. But I looked up that dude you posted the video of. His economic ideas are not widely accepted.
Irrelevant. While Peter Navarro is tangentially involved, he isn't on the Council of Economic Advisers.
Lots of other economists are queuing up to say how bone-headed these tariffs are.
https://www.whitehouse.gov/cea/information-resources/ - I see a list of fourteen PhDs on the Council. Aside from the fact that they were specifically asked to be the country's economic advisors because they were the best in the country, we simply have a group of experts who spent time working on this. Have you named a group of experts who spent time together analyzing this in an organized manner? No. You have a disorganized collection of articles from individuals.
There's no strategy behind this - or, rather, it's just massively flawed and far too simplistic.
Wrong. This Tariff strategy was visualized years ago, and
forms the basis of Project 2025 by the Heritage Foundation. This article shows that everything has been blueprinted by economists, from the reciprocal tariffs, to the specific countries targeted with higher tariffs. Project 2025 also calls for government downsizing and immigration enforcement, which we have already seen put into motion. Contrary to your uninformed statements, there is a plan for all of this.
One example I heard talked about was Lesotho. They're a very poor country in Africa so consequently import very little from the US because they can't afford to. But they have diamond mines so they export a lot of diamonds to the US. They've been hit with a massive tariff because of the big difference between imports an exports. But that doesn't make any sense. Very few diamonds are produced in the US so you have to import them. So all this tariff means is prices of diamonds will go up for US citizens. Or you'll just import them less from Lesotho and more from other African countries. So that will push Lesotho further in to poverty.
I am not moved by your argument at all. First of all, you are basically rooting for horrible mining conditions and sweatshops. Secondly, your strategy of giving diamond hucksters equal or preferential treatment for scamming us sounds pretty stupid to me. Diamonds are a scam and are virtually worthless. If people buy less of them, they are better off for it.
French wine is pretty much regular wine that is flipped as a luxury brand and scammed to the public as superior. Brands like Gucci and Prada are scamming people to the tune of millions of dollars. None of those industries deserve to be treated fairly for taking advantage of people through psychology and taking their money.
To a lesser extent, many of the general products shipped from overseas are pretty much low value, and sold for 10-30x the price of wholesale. The tarrifs apply the price of wholesale, not the price of retail. The tarrifs can increase to 500% and the companies will still profit. So far Trump has imposed relatively small tarrifs, and the reaction of crocodile tears outsizes the reality of the situation. This is objectively insignificant, but we have to listen to your politically-motivated rants against it. All of this amounts to outrage spam from people who are either ignorant or deceitful.