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Complex formulas and stacked duty rates—how companies calculate what to pay. ... President Trump skipped the normal monthslong process to impose tariffs and instead used a 1970s law to bypass them.
The AI replied: "To calculate tariffs that help level the playing field in terms of trade deficits (with a minimum tariff of 10 percent), ...
The administration revealed how they calculated the tariffs. Buried in that math is a straightforward answer to a question Trump has long refused to answer: How much will his tariffs raise prices?
Most countries receive a base tariff rate of 10%, but for countries receiving more, the rates were calculated by halving a rate he displayed as “tariffs charged to the U.S.A. including currency ...
Tariffs are expected to increase prices on household items such as tech products, appliances manufactured outside the U.S, furniture and HVAC systems.