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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.

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CNN

+2 Reposted by 2 other sources

Lean Left

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.

3 hours ago·Atlanta, United States

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Common Dreams

Left

Trump's Tariffs Are Extremely Dumb, Just Not For The Reasons You Might Think

This is a con on a global scale. Trump is not rejecting the corporate trade model. He’s weaponizing it.

16 hours ago·United States

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The Globe & Mail

Center

David Rosenberg: Trump’s ‘reciprocal tariffs’ are a con - and investors are now waking up to his bigger ambitions

These are not really tariffs that are being imposed. These are actions aimed at completely eliminating the U.S. bilateral trade deficit with every country.

1 day ago·Canada

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Republic of Mining

Trump’s ‘reciprocal tariffs’ are a con – and investors are now waking up to his bigger ambitions – by David Rosenberg (Globe and Mail – April 4, 2025)

https://www.theglobeandmail.com/ There is now certainty that this White House trade strategy is both nonsensical and unachievable. Look, we can all accept that China is a menace and a huge cheater, but it would be preferable if the White House specifically dealt with Xi Jinping. One can certainly make the case that Mexico was the big ...

20 hours ago

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