The Trump administration calculated its raft of new tariffs
#1

The Trump administration calculated its raft of new tariffs primarily based on existing trade balances.

[Image: IMG-20250404-163145-946.jpg]

But the actual formula used isn’t how the White House initially signaled the calculations would be done. Here's the breakdown: https://bloom.bg/3R0eXlK

📷: Office of the United States Trade Representative
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