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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.
Mr. Trump insists that these actions are his way of standing up for farmers and ranchers. Other nations such as Japan, China ...
This analysis from the CSIS Economics Program and Scholl Chair in International Business unpacks the April 2 tariff announcements from the White House.
As in, immediately, the White House said Tuesday. Although many details remain unknown, perhaps even to Trump himself, ...
President Trump is set to reveal his tariff plans as part of a "Liberation Day" ceremony at the White House. Uncertainty over ...
It comes as the president recently announced a 25% tariff on imported vehicles and some auto parts among other tariffs.
White House press secretary Karoline Leavitt will speak to reporters Tuesday afternoon, a day before President Trump’s ...
President Donald Trump has routinely declared tariffs as one of the most beautiful words in the dictionary and has regularly ...
Stock markets around the globe and in the U.S. fell significantly the day after ... These tariffs also do not apply to Russia, North Korea, Cuba, or Belarus. A White House official told the ...
President Donald Trump says “Liberation Day” is coming. On Wednesday, he plans to roll out a set of tariffs that he promises ...
President Trump on Saturday urged Americans to "hang tough" and played golf as his baseline 10% universal tariffs went into ...
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