Hidden Decisions Behind Trump’s Tariff Formula
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The New York Times |
The formula’s central value is the trade deficit, the difference between imports and exports between each country and the United States, for the year 2024.
Fox News |
President Donald Trump defends his reciprocal tariffs plan as an 'America first' move.
HuffPost |
Bartiromo suggested the sliding stock market may be an “overreaction” and that there are some potentially positive signs ― but admitted the tariffs will likely lead to higher prices.
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The Trump administration's tariff calculations appear on paper to be a simplified math of America's trade relationships.
President Donald Trump’s formula for imposing tariffs on dozens of nations has confounded economists who say it not based on well-established methodologies and suggests that the administration is “just basically making things up” as it seeks to justify policies that risk economic hardship for people across the world,