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%.
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I, for one, welcome His Majesty Emperor Penguin.
He has my sword!
He stole your sword?
He purchased the sword which resulted in a trade deficit so he started imposing tariffs.