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How were Donald Trump's tariffs calculated?

President Donald Trump announced tariffs based on a calculation of trade deficits and exports, framed as reciprocal measures.
The calculation method used by the Trump administration involved dividing the trade deficit by exports to the U.S. Times one-half, which was proposed by journalist James Surowiecki.
Mike O’Rourke from Jones Trading noted that the tariffs target nations with large trade surpluses with the U.S., not being truly reciprocal.
Australian economist John Simon criticized the tariffs as a misleading negotiation tactic that does not reflect reality in pricing.

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USA Today

Lean Left

Trump's tariff formula explained: How rates were determined for each country

The tariff rates were calculated using exports and imports from each country, a look at the formula.

45 minutes ago·United States

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Real Clear Politics

Lean Right

Trump's Tariff Math Is Just Not Adding Up

The formula the White House produced to justify its wildly aggressive tariffs depends on a fundamental misunderstanding of how trade works.

2 hours ago·Chicago, United States

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Raw Story

Left

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...

2 hours ago·United States

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MyCentralOregon.com

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Center

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 …

3 hours ago

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The Hill

Center

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 …

7 hours ago·Washington, United States

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