President Donald Trump, wielding a poster-sized chart in the White House Rose Garden today, announced 10% tariffs on imports ...

President Donald Trump said he'll be rolling out reciprocal tariffs. Here's what that means for the U.S. and its trading ...

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 ...

This, he explained, consistently produced the reciprocal tariff percentages revealed by the White House across the board. "What extraordinary nonsense this is," Surowiecki wrote about the finding.

However, once the list of new tariff rates was revealed ... by the White House Council of Economic Advisers. One official explained that the calculations were based on the belief that trade ...

A tariff is a government surcharge on products imported from other countries. Tariffs are paid by the companies that import the goods. For example, if Walmart imports a $10 shoe from Vietnam ...

On April 2, 2025—a date President Trump proclaimed “Liberation Day”—the administration announced the most sweeping tariff hike since the Smoot ... automation and productivity gains explained about 88 ...

The method divides the US goods trade deficit with a country by total imports from that country, with his administration claiming to factor in “non-tariff barriers and currency practices”. Critics ...