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How the White House Calculated Its ‘Reciprocal’ Tariffs on Imports
The Trump administration took that formula’s figure, -0.5 for South Korea, and divided it by two to calculate the U.S. “discounted reciprocal” tariff rate. So, while South Korea imposes an effective tariff rate of .79 percent on U.S. goods, the reciprocal tariff rate the U.S. is imposing on South Korea is 25 percent.
This analysis from the CSIS Economics Program and Scholl Chair in International Business unpacks the April 2 tariff ...
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President Donald Trump has routinely declared tariffs as one of the most beautiful words in the dictionary and has regularly ...
U.S. President Donald Trump has for weeks pegged April 2 as "Liberation Day", when he plans ... the details and nobody ...
President Donald Trump’s trade policy just took another sharp turn, as Trump announced on Truth Social that he was jacking ...
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