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How did the U.S. calculate reciprocal tariff rates, and why are economists baffled?
U.S. President Donald Trump's long-awaited reciprocal tariffs plan was finally unveiled on Wednesday, with a baseline 10% ...
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 ...
Donald Trump's Tariffs Are Based on Bizarre Math—The Numbers Explained
The administration appears to have used a simple, two-step formula to calculate the "reciprocal tariffs" applied to trading ...
A Step-by-Step Look at How Trump’s New Tariffs Will Be Implemented
Complex formulas and stacked duty rates—how companies calculate what to pay.
Trump's formula for tariffs shows the real thing he cares about: trade deficits
The formula used by the Trump administration to calculate 'Liberation Day' reciprocal tariffs is based on trade deficits.
Howard Lutnick says AI wasn't used to calculate Trump's tariffs: "There are no countries left off"
Remote territories like Heard Island and McDonald Islands, home to penguins but no humans, weren't spared from President Trump's sweeping tariff list last week.
The Trump White House Cited My Research to Justify Tariffs. It Got It All Wrong.
Mr. Neiman was a Biden administration Treasury official who co-wrote trade-related academic research cited by the Trump White ...
Has the Trump administration used AI to calculate tariffs?
But if the tariffs calculations have been hastily put together by an AI, that would indicate a new depth of incompetence for ...
Critics suspect Trump’s weird tariff math came from chatbots
Some overseas officials challenged Trump's math, such as George Plant, the administrator of Norfolk Island, who told the ...
Economist Brent Neiman shocked to learn Trump admin used his formula to justify tariffs: ‘Got it wrong’
Brent Neiman, a University of Chicago economics professor, predicted in a New York Times op-ed that President Trump’s ...