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Dr. Stan Veuger breaks down the math that President Donald Trump’s administration used to calculate the tariffs and says there’s an error in the equation. Trump ...
‘Trump chickened out’: Chinese social media mocks Trump on trade ...
(new window) The tariffs were calculated using a formula that takes how much a given country sells to the U.S. (exports), subtracts how much that country buys from the U.S. (imports) to calculate ...
President Trump's new tariffs on more than 100 countries used the same simple formula to calculate the rate for each of them. The formula’s central value is the trade deficit, the difference ...
In a dramatic move that signalled a new chapter in global trade relations, United States President Donald Trump unveiled a sweeping list of retaliatory tariffs on imports from nearly 90 countries.
“The entire fate of the global economy rests on the whims of one man who—despite his reputation among some as a ‘great business leader’—does not seem to have any idea what he's actually ...
Instead, they’re based on a formula made up by the White House ― and widely mocked ... “They didn’t actually calculate tariff rates + non-tariff barriers, as they say they did,” Surowiecki wrote.
The math puts a heavy emphasis on trade deficits. It turns out a pretty simple formula was used to calculate President Donald Trump's "Liberation Day" tariffs. The levies on imported goods into ...