Trump's tariff formula explained: How rates were determined for each country
President Donald Trump introduced his “discounted reciprocal tariffs” on over 200 countries on April 2. Most countries ...
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Trump’s Big Lie: This is the simple formula he used to calculate the ‘reciprocal’ tariffs
The Department of Commerce considered neither VAT nor non-tariff barriers, despite claiming to have used a sophisticated system of calculation for each country ...