No, that’s not what a trade deficit means – and that’s not how you calculate other nations’ tariffs
To calculate its ‘reciprocal tariffs’, the Trump administration has opted for a crude formula with no basis in trade theory.
How were Donald Trump's tariffs calculated?
US President Donald Trump has imposed a 10% tariff on goods from most countries being imported into the US, with even higher ...
The simple math behind Trump’s tariffs: How the White House calculated the new rates and why it’s not reciprocal at all
With the help of a large chart, the president unveiled his latest wave of tariffs on Wednesday, on what he called ‘Liberation ...
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How Trump calculated tariffs with surprisingly simple math
Axios Visuals One of the surprises out of Wednesday's big tariffs announcement was that the Trump administration used a surprisingly simplistic approach to calculating these much-hyped reciprocal ...
Has the Trump administration used AI to calculate tariffs?
With all of the world talking about Trump's tariffs — you know, the set of levies on basically the entire world that's set to ...
US goods trade deficit narrows in February
The U.S. trade deficit in goods narrowed in February amid a rise in exports, which could temper economists' expectations for ...
How did the U.S. arrive at its tariff figures?
The White House Wednesday listed tariff rates for different countries. It didn’t take long for market observers to try and reverse engineer the formula.