Summary

Critics accused Trump and his administration of using ChatGPT to create its new tariff formula, which mirrors AI-generated outputs.

Commentators highlighted that the tariffs appear based on a simplistic calculation: divide the U.S. trade deficit with a country by total imports, or default to 10%.

Analysts slammed the approach as flawed and dangerous.

Markets reacted sharply, with the S&P 500 falling over 4% and Nasdaq dropping more than 5%.

    • pufferfisherpowder@lemmy.world
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      15 hours ago

      I’m fairly certain it’s too “flood the zone with bullshit”, straight out of the Steve Bannon playbook. It’s so ridiculous that this is what we’re wasting our time on. Instead of discussing all the other real insane things.

    • adarza@lemmy.ca
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      18 hours ago

      there is a wikipedia article. they are a ‘territory’. they took a list of countries and territories, added basic trade data for each, and then they copy/pasted simple formulas down a couple of columns. the whole thing was probably concocted in notepad and excel in half an hour.

    • Zippygutterslug@lemmy.world
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      19 hours ago

      “Make a list of every country that runs a trade deficit.”

      “Now apply that formula you suggested.”

      “Now write up a draft executive order that would make it all happen. Use some spelling mistakes so we can track leaks.”

    • expatriado@lemmy.world
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      20 hours ago

      they probably prompted to list all territories and didn’t go to the trouble of deleting unpopulated islands

    • floofloof@lemmy.ca
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      19 hours ago

      I guess it prevents the penguins and seals from running a lucrative business rebranding Chinese gadgets.

    • ijedi1234@sh.itjust.works
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      19 hours ago

      It’s because the entire penguin species is plotting to overthrow the United States, and by extension, overthrow Trump. Obviously, Trump had to show the penguins that he isn’t going to tolerate their interference.