Donald Trump's global tariffs are based on the trade deficit with countries, not a reciprocal measure of their import taxes ...

President Donald Trump introduced his “discounted reciprocal tariffs” on over 200 countries on April 2. Most countries ...

The White House’s new tariffs were pegged to amounts it said other countries impose on the U.S. In many cases, those amounts ...

The White House’s new tariffs announced Wednesday were pegged to amounts it said other countries impose on the U.S. In many ...

The administration appears to have used a simple, two-step formula to calculate the "reciprocal tariffs" applied to trading ...

Trade economists were scratching their heads on Thursday at the formula used by the White House to measure trade imbalances ...

AP Photo/Evan Vucci WASHINGTON, United States – Trade economists were scratching their heads on Thursday at the formula used by ... Handed a chart in the White House Rose Garden, US President ...

The formula underpinning President Donald Trump ... He also called the tariffs “illogical and absurd” and said the chart Trump used at the White House’s Rose Lawn to illustrate the levies ...

Trump first slapped a 10% blanket tariff on all imports into the U.S., including from uninhabited islands, such as the Heard ...

Trump’s tariff evaluation strategy, backed by a mathematical formula, attempts to address trade imbalances but remains ...

President Donald Trump holds a chart as he announces a ... Trade Representative later confirmed the formula by publishing what appears to be a complex math equation for calculating the tariff ...