"What's driving the policy, is that since the 1980s Trump has been a protectionist, and he thinks trade deficits are losses ...

Mr. Neiman was a Biden administration Treasury official who co-wrote trade-related academic research cited by the Trump White ...

During the pandemic, Team Trump tried to craft a formula that told them what they wanted to hear. With tariffs, they did it ...

In a response on X, the website formerly known as Twitter, White House spokesman Kush Desai called the analyses “incorrect” ...

The formula used by the Trump administration to calculate 'Liberation Day' reciprocal tariffs is based on trade deficits.

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

President Trump triumphantly held up a poster board in the Rose Garden on Wednesday showing the reciprocal tariffs he plans ...

The tariff rates announced by the Trump administration are not related to the tariff rates charged by other countries. They were calculated using a childish formula ... doing the work to identify ...

In his announcement, Trump described the tariffs as "kind [and] reciprocal," suggesting the rates were lenient ... surplus with the U.S. The actual formula, according to social media posts ...

The Office of the US Trade Representative explained the pretty simple formula used ... to make the tariff rate. The approach has led to some eyebrow-raising rates. The French territory Saint ...

The Trump administration's formula for calculating new tariffs raised questions among economists — even some whose work was ...