> no one could explain how they got those numbers.
Not quite. The big board percentages were effectively us (imports - exports) / imports * 0.5 ~ fuzzy adjustment based on feels. Your point remains theyre amateurish and bely a lack of any grounding to actual foreign import duties. But that is a direct way of representing a mercantilist world view where net imports bad, exports strong.
Not quite. The big board percentages were effectively us (imports - exports) / imports * 0.5 ~ fuzzy adjustment based on feels. Your point remains theyre amateurish and bely a lack of any grounding to actual foreign import duties. But that is a direct way of representing a mercantilist world view where net imports bad, exports strong.
https://www.investopedia.com/trade-experts-question-trump-te...