President Trump and his team had said a wide array of practices would go into their calculations for reciprocal tariffs announced this week, ranging from existing duties and currency manipulation ...

In order to explain the specific tariff imposed on any given country, the White House shared a sophisticated-looking formula that includes Greek letters commonly used by economists. The problem ...

WASHINGTON — No one is ready to take credit for the formula that President Trump used to calculate his “Liberation Day” tariffs — which slapped steep levies on key allies and huge taxes on ...

A top economist was shocked to learn the Trump administration used his research to justify its hefty tariffs — insisting the White House got his formula “very wrong” and grossly ...

Here's how that formula breaks down: For example, the U.S. exported $143.5 billion in goods to China and received $438.9 billion in goods from China in 2024. After calculating the formula ...

The tariff rates unveiled by President Donald Trump on Wednesday stem from a simple formula based on U.S. trade imbalances with other countries—not the tariff rates they charge the U.S., along ...

Reporter The math in President Donald Trump’s tariff formula isn’t adding up—and even conservatives are confused. The American Enterprise Institute, a prominent conservative Washington think ...

"Before yesterday, 99% of trade economists had never seen a formula like this before," Oren Ziv, an assistant professor of economics at Michigan State University, told ABC News Friday. Several ...

The formula for the tariffs, originally credited to the Council of Economic Advisers and published by the Office of the United States Trade Representative, does not make economic sense.