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 ...

For China, Trump imposed 34 per cent of tariffs on goods, on top of an earlier 20 per cent, taking it to a total of 54 per ...

WASHINGTON, United States - Trade economists were scratching their heads on Thursday at the formula used by the White House ...

Despite a White House spokesman claiming otherwise, the published formula matched what social media users calculated.

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

What the tariff rates Trump rolled out yesterday made clear is that his goal isn’t, ultimately, to bring down trade barriers.

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

The approach appears to punish countries based on their trade imbalances with the U.S., rather than the taxes they impose on ...

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