What’s driving the policy is that since the 1980s Trump has been a protectionist, and he thinks trade deficits are losses and ...

Ridiculed for imposing trade tariffs on frozen islands largely inhabited by penguins, Donald Trump's formula for calculating ...

President Donald Trump introduced his “discounted reciprocal tariffs” on over 200 countries on April 2. Most countries ...

The Trump administration's tariff calculations appear on paper to be a simplified math of America's trade relationships.

Trump said repeatedly that the tariffs are “reciprocal,” but that’s not true. The rates were calculated using a childish ...

The White House shared a formula containing symbols like epsilon and phi—but critics pointed out they served no purpose.

Trumps tariff evaluation strategy, backed by a mathematical formula, attempts to address trade imbalances but remains ...

The formula the Trump administration used to calculate his tariffs is bewildering economists. Economists argue the formula ...

But at the heart of the decision-making is Trump himself — who has agitated for tough tariffs for more than 40 years.

Switzerland’s tariffs could be much lower. Bermuda’s could be way higher. And Australia could have no tariffs at all.

The USTR details a new method for calculating tariffs based on trade imbalances, sparking debate over its impact on global ...

Trump’s new tariffs use a blunt formula based solely on 2024 goods trade deficits, ignoring services and past trends, leading ...