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Edum Director General Edmund Murphy 401 (k) explains private investment in S. and discusses retail investors in response to tariff confusion.
Official Brent Neiman, the former Biden Treasury Department, referring Trump management on Monday, said the White House “wrong,” he said.
In the New York Times Guest EssayThe economist touched on the Trump team and the other three specialists wanted to investigate the tariffs to justify their own tariff policy. However, Neiman insisted that President Donald Trump was very high for the presence of tariffs.
“The US trade office has released the methodology of the office and referred to an academic paper produced by four economists, including an academic paper supported. But there was a mistake.”
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The former Biden Treasury official, Trump’s “incorrect” information, said President Donald Trump has criticized the President’s Donald Trump for using their reciprocal tariffs. (Via Brendan Smialowski / AFP Getty Images / Getty Images)
Trump presented its planned reciprocal tariffs for import of various countries in his time last week “Salvation Day“The presentation from the White House from the Guler. Trump presented a poster plate that other countries affect other countries to violate trade shortages between the United States and the United States and other countries.
The former Treasury figure wrote in the New York Times that he wanted his paper on the leadership “Reciprocal tariff calculations“The report said that the economist uses an investigation to get acquainted with the higher tariff ratios from NEIMAN and other specialists.
He added that “I am not in connection with the government’s trade policy and approach. But even the calculated tariffs of our unique income should be sharp – maybe the fourth.”
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President Donald Trump demonstrates an executive order that applies tariffs for goods imported during a trade announcement of the “enrichment of America” in the White House on April 2. (Andrew Harnik / Getty Images / Getty Images)
Neiman claims that these countries are not a real purpose to end the shortcomings of trade with these countries, “There may be no reason for the protection of trade imbalance between the two countries.”
“The Americans spend more in Sri Lanka than the Americans spent on American pharmaceutical and gas turbines. Thus, this pattern reflects the differences in natural resources, comparative advantage and development. The Defisitive numbers Do not offer, unjustly compete. “
“The tariff formula believes that the tariff placed in one country will not affect any result from others and ignores any results for exporting.
Neiman, “A large tariff in Japanese car parts can increase the increase in imports from Mexico and the other way.
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The former Biden Treasury official said the official factors of the trade tariffs of President Trump do not take into account the economic factors. (Brandon Bell / Getty Images / Getty Images)
How did the former treasury explain in the study of the team’s tariffs Chinese exports In 2018 and 2019, 20% tariff will increase the price of goods for importers 19%. This number represents the “pass through the passage”, connected to the Neiman formula worked. This is a 95% transition rate.
Economist wrote that the Trump team used the formula but used the 25% transition rate for the reasons he could not explain. “Where does 25 percent come from? Do I don’t know our work? I don’t know.”
“Instead, instead, I used the value of 95 percent of our work, 95 percent of our work, as little as they were calculated tariffs,” Neiman said.
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The White House did not respond immediately to the demand for Fox News digital comment.
