Now that AI got involved it's on topic for TechTakes I guess. Making a containment thread because there might be a lot to sneer about this.
Boring version of of the main story: https://text.npr.org/nx-s1-5345802
Skynet declares trade war on penguins: https://archive.is/Nn5MC
Reactionary news outlet celebrates 77% drop in stock price by taking everyone else down with them: https://bsky.app/profile/brianmfloyd.bsky.social/post/3lluybov3i22o
perun weighs in on tariffs and guesses what might come next https://www.youtube.com/watch?v=nVZ1lcw2bVU
some things perun notes that i hadn't because i haven't followed the entire situation closely: that trade deficit calculation uses goods only, not services, and this is most of what sv exports; eu might retaliate against sv oligarchs specifically. also we're in times where it's necessary to pull up american govt pages from internet archive to make a point. fun. also chatbot-cooked policy looks suspiciously like chatbot solution to a entry level econ course toy problem with loads of very unusual assumptions, which are discussed too.
maybe stable genius tries to bring american wages closer to global average
Raising the cost of living and lowering wages simultaneously? Now that's forward thinking!