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

But his one-size-fits-all formula is blunt: It applies the exact same math to countries whether they have hefty trade barriers or wide-open markets. It considers only the size of a trade deficit ...

A conservative think tank has said the formula the Trump administration used to calculate tariffs that are wreaking havoc on the economy contains an egregious error ...

Could these reciprocal tariffs succeed? Again, no. The administration’s tariff formula assumes that a tariff placed on one country won’t affect imports from any others and ignores any ...

The Supreme Court condemned its ruling in Korematsu in 2018, calling it “morally repugnant” and “gravely wrong” but at the ...

President Donald Trump’s formula for imposing tariffs on dozens ... Basing the White House’s tariff math solely on trade deficits, for instance, fails to take into account U.S. consumer ...

Economists say the crude formula the White House used to calculate what it’s calling “reciprocal tariffs” is too simplistic to achieve its goal of wiping out US trade deficits — and, for ...

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or ...

“Terminate your own tariffs, drop your barriers, don't manipulate your currencies,” said Trump from the Rose Garden as experts started decoding the formula behind the new duties that will come ...

President Donald Trump’s massive tariffs announced on dozens of nations Wednesday were pitched as “reciprocal,” matching what other countries charge the United States dollar for dollar, even ...

Trade economists were scratching their heads at the formula used by the White House to measure trade imbalances and inflict punishment on all its global trading partners. Handed a chart in the ...