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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.
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Financial Express broke the news in Uttar Pradesh, India on Thursday, April 3, 2025.
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