As President Donald Trump lights the global economy on fire in his bid to reduce America’s $1.2 trillion annual trade deficit, a few astute observers on X have uncovered the math that went into ...
The White House's method for calculating reciprocal tariffs has left many economists, including those cited by the administration in its formulations, puzzled. Economists told Newsweek that the ...
When President Trump unveiled a slew of tariffs against 60 countries on what he dubbed "Liberation Day," he claimed that the so-called "reciprocal" rates were calculated based on each nation's own ...
Following President Donald Trump's announcement of reciprocal tariffs on dozens of America's trading partners, many questioned how the administration had calculated the rates at which to levy each ...
April 2 marked what President Donald Trump and his administration described as "Liberation Day," or the announcement of sweeping “reciprocal” tariffs on almost every country, ranging from a base rate ...
While “first buddy” Elon Musk continues to assail Donald Trump’s trade czar over the tariffs that have plunged the global economy into chaos, some of the president’s media allies at Fox have also ...