This is the formula used by US to calculate Donald Trump’s reciprocal tariffs — Here’s how it works
Data available with the Office of the US Trade Representative indicates that US total goods trade with India was an estimated $129.2 billion in 2024. The country also has a trade deficit of $46 billion with India.
Dive into the formula used by the U.S. to calculate its reciprocal tariff rates, and see what economists are saying.
2hon MSN
According to him, these figures were arrived at after takin into account the US trade deficit with a given country.
Understanding watt-hours will help you survive power outages and off-grid adventures.
US President Donald Trump’s administration reciprocal tariff bombshell has set alarm bells ringing across the world, with ...
The administration appears to have used a simple, two-step formula to calculate the "reciprocal tariffs" applied to trading partners.
Capital Economics estimated that the import taxes outlined by President Trump will generate roughly $700 billion a year in ...
US President Donald Trump on April 2 unveiled sweeping new tariffs on dozens of nations including major trading partners such as India (26 per cent), China (34 per cent) and the European Union (20 per ...
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