04-04-2025, 04:32 PM
The Trump administration calculated its raft of new tariffs primarily based on existing trade balances.
![[Image: IMG-20250404-163145-946.jpg]](https://i.ibb.co/hRpnjLm4/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
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