Thursday, April 10, 2025

Explaining The New Tariffs



This makes as much sense as anything else I've read about Trump's tariffs. It's from Randall Munroe at xkcd.

3 comments:

Anonymous said...

This is perfect.

Anonymous said...

Randall Munroe is a net.god of explanations, and this one happens to be spot-on. It's perfectly normal to have trade deficits. And by the laws of economics, even a trade deficit ends up rebounding to the benefit of trading partners.

That's because, in Econ, there's nothing more sacred and nothing more valuable than trade. Even if the pizza parlor gets more of your money, than you get of theirs. :-).

Anonymous said...

Hovertext
"[later] I don't get why our pizza slices have such terrible reviews; the geotextile-infused sauce gives the toppings incredible slope stability!"

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