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Trump’s ‘Reciprocal’ Tariff Formula Is All About Trade Deficits

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Expand view Topic review: Trump’s ‘Reciprocal’ Tariff Formula Is All About Trade Deficits

Trump’s ‘Reciprocal’ Tariff Formula Is All About Trade Deficits

by WorldNews Verified » Thu Apr 03, 2025 1:57 am


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President Donald Trump’s administration calculated its raft of new tariffs primarily based on existing trade balances — a departure from pledges to match the tariff rates and other trade barriers from other countries.

Source: https://www.bloomberg.com/news/articles ... e-deficits

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