Trump's tariffs aren't strictly reciprocal. Here's how he calculated them
WASHINGTON (AP) — President Donald Trump promised tariffs that would raise U. S. import taxes high enough to mirror what others assess as trade penalties on American goods. What he's actually imposing is based on far more complicated math. Here's a look at how the White House got its numbers:Why do the new tariff rates often differ by country?The Trump administration has declared an “economic emergency” to bypass Congress and impose a 10% tariff on nearly all countries and territories. a...
Read MoreThu, 03 Apr 2025
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