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Earth Wind and Fire

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Yeah. I was hoping someone could explain this on here too. I was shocked to see the tariffs other countries were putting on us and then I read in the WSJ that they are using some math to come up with those numbers that would make the Gates Foundation proud. They are doing something with the trade deficit being taken into the calculation as well. This does not mean that these other countries are flat out adding on the percentage of the cost shown on the chart to each good we export to them.

I'm in favor of bringing manufacturing home but in the case of some little African country where most people have no money and they supply us with gum Arabic or something mined I don't see why we should demand that they have a balanced trade deficit with us. They have no ability to do that.
Yeah. I was hoping someone could explain this on here too. I was shocked to see the tariffs other countries were putting on us and then I read in the WSJ that they are using some math to come up with those numbers that would make the Gates Foundation proud. They are doing something with the trade deficit being taken into the calculation as well. This does not mean that these other countries are flat out adding on the percentage of the cost shown on the chart to each good we export to them.

I'm in favor of bringing manufacturing home but in the case of some little African country where most people have no money and they supply us with gum Arabic or something mined I don't see why we should demand that they have a balanced trade deficit with us. They have no ability to do that.
Absolutely
 
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