Trump's Tariff Formula Confounds World, Punishes Poor
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Reuters |
Ridiculed for imposing trade tariffs on frozen islands largely inhabited by penguins, Donald Trump's formula for calculating those levies has a serious side: it is also hitting some of the world's poo...
The Boston Globe |
President Trump declared on Wednesday a 10 percent baseline tax on imports from all countries and higher tariff rates on dozens of nations that run trade surpluses with the United States, threatening ...
Mercury News |
The simple calculation used by the Trump administration could have broad implications for countries America depends on for goods — and the global companies that supply them.
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Donald Trump's team used a formula to calculate who pays what in a sweeping round of global tariffs. Richard Bravo breaks down how it works.