Former Biden official rips Trump for using his data on tariffs and being ‘wrong’

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Formerly Brent Nioman of Biden’s Treasury Department criticized Trump’s administration on Monday, citing tariffs on tariffs, saying that the White House was “wrong.”

In the New York Times Guest reviewThe economist addressed the fact that the Trump team cited him and the study of three experts on tariffs to justify his mutual tariff policy. However, Neyman claimed that President Donald Trump tariffs are much higher than they should be.

“The Office of the US Trade Representative has published its methodology and referred to the academic newspaper produced by four economists, including me, seemingly, for its numbers. It’s very wrong, “he said.

Trump tariffs are falling before the “Liberation Day” event. “American consumers’ tax”

Trump that holds a mutual tariff table

Former Biden Treasury official criticized President Donald Trump to use his feedback to his feedback, saying that Trump had received a “wrong”. (Brendan SmiaSki / AFP GETTY Images / Getty Images)

Trump revealed his planned mutual tariffs on imports from various countries over the week last week.Liberation day“Presentation from the Garden of the White House. Trump presented the poster board, which shows the combined pace of other restrictions on tariffs and other countries, which forces other countries together with the new US tariff plus.

Former treasury figure wrote in New York that the administration quoted her newspaper in its newspaper “Mutual tariff calculations“Despite the fact that the economist claimed that the president’s team used the research at tariff rates, which are much higher than Neyman and other specialists.

He added.

Trump, Senate GOCO BUDGETS ARE MANY ON SPECIAL HOUSE

President Donald Trump tariffs

President Donald Trump shows an executive order to “Make America’s rich” trading announcement on the Garden of White House on April 2. (Andrew Werad / Getty Images / Getty Images)

Naman began to argue that first of all, it is not a realistic goal to end the trade deficiencies with these countries, as “the trade imbalance between the two countries can occur for many reasons.”

He provided an example by declaring: Deficiency numbers Don’t offer, don’t say that you have to prove unjust competition. “

“The tariff resolution assumes that the tariff posted on one country will not affect any other person’s import and ignores any consequences for exports.

Neiman added:

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Texas tariffs

The official of the former Bideni Treasury Department says that President Trump Trump Tariffs do not take into account all economic factors. (Photo: Brandon Bell / Getty Images / Getty Images)

The former treasury figure also explained how he was on tariffs on his team’s research Chinese export The tariff for 20% in 2018 and 2019 will increase the price of goods for importers by 19%. This number represents the exchange rate, which is connected to the “Nora” resolution. In this case, it is 95% passage.

The economist wrote that the Trump team used the resolution, but 25% transition was used for reasons that he said he could not explain. “Where does 25 percent come? Is it related to our work? I don’t know, “he said.

“If the trade office instead used the 95 percent value of our work, because I believe it had to do it, the calculated tariffs were as little as they were.

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The White House did not immediately respond to Fox News Digital request for comment.

 
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