Trump’s ‘reciprocal’ tariffs aren’t quite what they seem. Here’s the real story
- President Trump announced new tariffs on Wednesday, framing them as reciprocal measures against trading partners.
- The Trump administration aimed to address trade deficits and generate revenue through these tariffs.
- The administration's calculation divided a country's trade deficit by its exports, factoring in investment and currency manipulation.
- Trump stated his trade policy motto is, "They charge us, we charge them," but analysts question the methodology.
- Experts warn the tariffs could trigger retaliation, harm the global economy, and lead to a recession.
21 Articles
21 Articles
Trump's "reciprocal" tariffs aren't what they seem. Here's the real story.
By Bryan Mena and Alicia Wallace, CNN The massive tariffs President Donald Trump announced Wednesday for dozens of trading partners were presented as “reciprocal,” simply aiming to match the tariffs other countries impose on the United States. But the methodology behind Trump’s attempt to rebalance trade has nothing to do with the tariffs other countries impose on the United States. Instead, the Trump administration used an extremely simplified …
Trump’s ‘reciprocal’ tariffs aren’t quite what they seem. Here’s the real story
The massive tariffs that President Donald Trump announced for dozens of trading partners Wednesday were pitched as “reciprocal,” simply aiming to match the tariffs other countries charge the United States.
Trump chose reciprocal tariffs on countries ‘in the hour’: so decided the application
The tariffs that the United States imposed on a long list of countries, which have shaken the markets and surprised by their harshness, are the result of a decision made by President Donald Trump, less than three hours before making them known, following his own instinct, within a range of options presented by his advisers.According to the Washington Post, which cites people familiar with the process and who called for anonymity, advisers from v…
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