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Trump's tariff formula explained: How rates were determined for each country
President Donald Trump introduced his “discounted reciprocal tariffs” on over 200 countries on April 2. 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 manipulation and trade barriers.”
Brent Neiman, a University of Chicago economics professor, predicted in a New York Times op-ed that President Trump’s ...
Economists at the conservative American Enterprise Institute recently uncovered what they say is an error in the administration's tariff math.
Barely inhabited islands, countries the US enjoys a trade surplus with, and a tariff formula that isn’t about tariffs.
Brent Neiman told the I-Team Trump's tariff policy is based, in part, on academic work he co-wrote with three renowned ...
In a response on X, the website formerly known as Twitter, White House spokesman Kush Desai called the analyses “incorrect” ...
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