How were Donald Trump's tariffs calculated?
- President Donald Trump announced tariffs matching other countries dollar for dollar, but the actual calculation used was not truly reciprocal, according to Mike O'Rourke, chief marketing strategist at Jones Trading.
- The Trump administration reportedly used a simple calculation of trade deficit divided by exports, as noted by journalist James Surowiecki.
- Mike O'Rourke stated that the tariffs target nations with large trade surpluses with the United States.
- John Simon criticized the tariff approach, likening it to misleading sales tactics, indicating a disconnect with reality.
195 Articles
195 Articles
Trump personally chose the 'mocked formula' used to determine tariffs: reporter
President Donald Trump personally selected the formula that the U.S. government will use to determine the percentage of reciprocal tariff to be implemented on a country, territory, or island, according to a Friday report. The Washington Post's Jeff Stein wrote that numerous aides at the National Eco...

Trump tariff formula misrepresents global trade economics, experts say
Spencer Platt/Getty Images (WASHINGTON) — When President Donald Trump announced his controversial tariffs on virtually every trading partner in the world, he repeatedly called them “reciprocal” — a response, he said, to those nations that had hit the U.S. with tariffs and hurt the American economy. But Trump’s claim is misleading not only because some of the nations hit with tariffs haven’t levied any against the U.S., but also because the math …
Jim Cramer: Trump tariff numbers 'do not make any sense'
CNBC host Jim Cramer tore into President Trump over the sweeping new tariffs his administration announced this week on nearly all foreign trading partners. “The numbers do not make any sense," Cramer said Thursday during an appearance on CNN. He claimed the president's economic advisors and aides on trade "really screwed up," and constructed the tariffs "in an ill-advised way." "And I was very let down as someone who really, truly believes that …
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