Hacker News with Generative AI: Economics

Are Tariffs an Emergency Power? (lawfaremedia.org)
In his first few months in office, President Trump has unleashed a blitz of tariffs and threats of tariffs against Colombia, Canada, Mexico, the European Union, and China.
Trump's new tariff math looks a lot like ChatGPT's (twitter.com)
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Donald Trump takes his trade war to the tiniest nations (ft.com)
Donald Trump takes his trade war to the world’s tiniest nations
Video game industry group expects Trump tariffs to have dire effects (gamefile.news)
The Entertainment Software Association, the U.S. trade group that reps all major gaming companies, including Nintendo, Microsoft and Sony, says President Donald Trump's recently announced tariffs "are going to have a real and detrimental impact on the video game industry."
The Darkest Timeline – how I see the 54% tariff impacting the game industry (stonemaiergames.com)
Last night I tried to work on a new game I’m brainstorming, but it’s really hard to create something for the future when that future looks so grim. I mostly just found myself staring blankly at the enormity of the newly announced 54% tariff on goods manufactured in China and imported to the US.
Office of the United States Trade Representative Reciprocal Tariff Calculations (ustr.gov)
Reciprocal tariffs are calculated as the tariff rate necessary to balance bilateral trade deficits between the U.S. and each of our trading partners.
Countries apply lower tariffs on products by high-emitting "dirty" industries (news.berkeley.edu)
Countries around the world consistently apply lower tariffs on products produced by “dirty” industries than by “clean” ones, finds a new analysis.
2025 Recession Indicators Hit Fashion and Wall Street at Once (marieclaire.com)
Why Trump's tariff chaos makes sense (big picture) [video] (youtube.com)
Trump's new tariff math looks a lot like ChatGPT's (theverge.com)
When President Donald Trump began yesterday’s announcement of the White House’s latest trade policy brandishing a novelty-sized cardboard sign labeled “Reciprocal Tariffs,” the immediate and nearly unanimous response was bafflement.
Bikes in the age of tariffs (renehersecycles.com)
Today’s post was going to be about a new product we’re introducing—but we need to hold off while we recalculate our prices. You’ve probably seen the news: Virtually all imports into the United States will be subjected to additional, steep import taxes, also called tariffs. The goal is to radically re-orient how manufacturing is done, and to make things domestically. Tariffs tend to be reciprocal, so most countries will increase their tariffs on American-made goods, too.
President Trump's mindless tariffs will cause economic havoc (economist.com)
Dow drops 1,500 points, S&P 500 loses 4% as stock market rout on tariffs worsens (cnbc.com)
Climate crisis on track to destroy capitalism, warns top insurer (theguardian.com)
The climate crisis is on track to destroy capitalism, a top insurer has warned, with the vast cost of extreme weather impacts leaving the financial sector unable to operate.
AI theorized to have dropped a − sign in Trump tariff calculation (chaos.social)
Reverse engineering of the formula used to generate the "reciprocal tariffs" (twitter.com)
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Calibrated Basic Income by Derek Van Gorder [pdf] (greshm.org)
Trump announce 10% tariff on all imports, higher rates for some trading partners (channelnewsasia.com)
Regulating Imports with a Reciprocal Tariff to Rectify Trade Practices (whitehouse.gov)
Trump announces sweeping new tariffs to promote US manufacturing (apnews.com)
President Donald Trump is set to sign a barrage of self-described “reciprocal” tariffs on friend and foe alike.
Trump Announces Sweeping Tariffs (apnews.com)
President Donald Trump on Wednesday announced far-reaching new tariffs on nearly all U.S. trading partners — a 34% tax on imports from China and 20% on the European Union, among others — that threaten to dismantle much of the architecture of the global economy and trigger broader trade wars.
Trump Unveils Sweeping Retaliatory Tariffs at White House (nytimes.com)
President Trump unveiled his most expansive tariffs to date in a ceremony at the White House on Wednesday afternoon, saying he would impose a 10 percent tariff on all trading partners as well as double-digits tariffs on dozens of other countries that administration officials said had treated the United States unfairly.
US Administration announces 34% tariffs on China, 20% on EU (bbc.com)
US President Donald Trump announces universal 10% tariffs on all imports into the US will go into effect on 5 April in a watershed moment for global trade
Global scam industry evolving at 'unprecedented scale' despite recent crackdown (cnn.com)
Are tariffs bad for growth? Yes, say 5 decades of data from 150 countries (2020) (sciencedirect.com)
Using an annual panel of macroeconomic data for 151 countries over 1963–2014, we find that tariff increases are associated with an economically and statistically sizeable and persistent decline in output growth.
Average person will be 40% poorer if world warms by 4C, new research shows (theguardian.com)
Economic models have systematically underestimated how global heating will affect people’s wealth, according to a new study that finds 4C warming will make the average person 40% poorer – an almost four-fold increase on some estimates.
Move fast, break things: A review of Abundance by Ezra Klein and Derek Thompson (networked.substack.com)
Abundance, the buzzy new political call to arms by New York Times writer/podcaster Ezra Klein and The Atlantic’s Derek Thompson, is less a book than a manifesto.
Simulated Economy Tutorial (jasonfantl.com)
Imagine an open world RPG where your actions affect the price of goods, the markets reacting to anything the player may do (burn down wheat fields, cost of food increases; kill the merchants, prices differentiate between cities; sell the many swords you’ve collected on your adventures, tank the sword market). What would it take to have such an adaptive simulated economy?
Why are credit card rates so high? (newyorkfed.org)
Average person will be 40% poorer if world warms by 4C, new research shows (theguardian.com)
Economic models have systematically underestimated how global heating will affect people’s wealth, according to a new study that finds 4C warming will make the average person 40% poorer – an almost four-fold increase on some estimates.