In a galaxy not so far away, a peculiar theory has emerged on the interwebs: that the newly announced reciprocal tariff plan by US President Donald Trump—a plan so simple it could have been scribbled on a napkin—might have been concocted by an artificial intelligence chatbot. Yes, you read that right. A chatbot. 🤯
//s3.cointelegraph.com/uploads/2025-04/0195fa12-8485-76d2-934d-2c33df9cb136″/>
The Crypto Market’s Worst Nightmare
Ryan Petersen, founder and CEO of supply chain logistics platform Flexport, claimed his firm had reverse-engineered the formula the Trump administration used to generate the reciprocal tariffs. “It’s quite simple, they took the trade deficit the US has with each country and divided it by our imports from that country,” he explained, as if it were a math problem for fifth graders. 📊
“It’s quite simple, they took the trade deficit the US has with each country and divided it by our imports from that country,”
James Surowiecki, an editor at The Yale Review, echoed this sentiment: “They just took our [US] trade deficit with that country and divided it by the country’s exports to us.” Because why complicate things when you can just divide and conquer? ➗
Trump’s reciprocal tariffs, which kicked in on April 5, slapped a 10% levy on all countries, with some nations facing even higher rates: China at 34%, Japan at 24%, and the European Union at 20%. Because nothing says “fair trade” like arbitrary numbers. 🎲
The crypto markets, ever the drama queens, reacted particularly poorly, plunging 5% after the announcement. Bitcoin (BTC) tumbled by $5,500 to $82,277 before recovering slightly, according to CoinGecko. Because when tariffs hit, crypto feels the pain. 💔📉
Read More
- Ludus promo codes (April 2025)
- Cookie Run Kingdom: Shadow Milk Cookie Toppings and Beascuits guide
- DEEP/USD
- Cookie Run Kingdom Town Square Vault password
- ZEREBRO/USD
- Tap Force tier list of all characters that you can pick
- Realms of Pixel tier list – What are the best heroes in the game?
- Grimguard Tactics tier list – Ranking the main classes
- 10 Hardest Bosses In The First Berserker: Khazan
- Maiden Academy tier list
2025-04-03 08:53