How on earth did it calculate such huge rates?” wrote University of Chicago economics professor Brent Neiman in an op-ed that ...

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

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

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

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

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

Brent Neiman, a University of Chicago economics professor, predicted in a New York Times op-ed that President Trump’s ...

Neiman alleges that the administration erroneously added a 25 per cent rate to the formula developed by him ... “Is it related to our work? I don’t know. Our findings suggest the calculated ...

My first question, when the White House unveiled its tariff regime, was, “How on earth did they calculate such huge rates?” ...

Dive into the formula used by the U.S. to calculate its reciprocal tariff rates, and see what economists are saying.

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 ...

Other countries’ formal tariffs on the U.S. are actually far less than the levies the president has placed on them, according to an analysis of MFN tariffs.