The formula used to calculate President Donald Trump’s new batch of tariffs announced Wednesday is based on dividing the U.S.’s trade deficit with a given country divided by their total ...

The formula used by the Trump administration to calculate 'Liberation Day' reciprocal tariffs is based on trade deficits.

President Trump's new tariffs on more than 100 countries used the same simple formula to calculate the rate for each of them. The formula’s central value is the trade deficit, the difference ...

President Trump on Wednesday announced a minimum 10% tariff for all U.S. trading partners. To calculate the tariffs, the White House used a formula that focused on trade deficits and total exports.

The U.S. Trade Representative (USTR) published an overview of the calculations on its site with a math formula it used to calculate each country’s reciprocal tariff.

A Simple Formula Gone Wrong The Trump administration revealed the formula it used to calculate the tariff rates, which was developed with the Council of Economic Advisers, according to the report.

Economists say the crude formula the White House used to calculate what it’s calling “reciprocal tariffs” is too simplistic to achieve its goal of wiping out US trade deficits.