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.
Trump unveiled the new tariffs in a ceremony at the White House’s Rose Garden on Wednesday for a "Make America Wealthy Again" ...
For instance, Trump said, the U.S. estimated a total trade barrier rate of 67% for China, meaning the U.S. would impose a 34% ...
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Taiwan calls new US tariff measures 'highly unreasonable'The Taiwan government on Thursday called newly announced US tariff measures "highly unreasonable," vowing to engage in stern ...
Residents of South Jersey and the rest of the U.S. may soon pay more for coffee, clothing and more under new tariffs ...
1don MSN
President Donald Trump has announced far-reaching new tariffs on nearly all U.S. trading partners — including a 34% tax on ...
On top of a baseline 10% tariff against the entire world, individual countries will face additional tariffs based on how ...
The White House’s new tariffs announced Wednesday were pegged to amounts it said other countries impose on the U.S. In many ...
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President Donald Trump announced new tariffs at the White House. For context: Trump has blamed the U.S. trade deficit on ...
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