This video explains why Trump’s new tariff strategy—and the equation behind it—is deeply flawed. From misrepresenting data to misinterpreting academic research, the so-called “Liberation Day” tariffs are based on questionable math and shaky economic logic.
📉 What’s wrong with the equation?
We go step-by-step through 15 reasons the tariff calculation is misleading, inaccurate, or just plain wrong—from misuse of Greek letters and questionable elasticity assumptions to misunderstanding the nature of trade deficits and retaliation risks from countries like China.
🔍 Key points:
- Mislabeling trade deficit ratios as “tariffs charged.”
- Ignoring global retaliation and counter-tariffs
- Misusing academic research and citation errors
- Why reducing trade deficits isn’t as simple as it sounds
- Flaws in economic reasoning and the symbolism behind the math
Chapters
00:00 Intro
00:34 List of Wrongs
3:26 Outro
