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How were Donald Trump's tariffs calculated?

  • President Donald Trump announced tariffs aimed at matching other countries' tariffs dollar for dollar, including non-tariff barriers like value-added taxes.
  • Chief Marketing Strategist Mike O’Rourke stated that the calculation method involved the trade deficit divided by exports, which does not consider actual tariff rates, leading to higher tariffs on countries like China.
  • The Trump administration's method suggested that China imposes a 67% effective tariff, which is a calculated surplus targeting, not a reciprocal trade policy.
  • Economist John Simon criticized the tariffs, suggesting they were a misleading negotiation tactic that created an illusion of value.
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Financial Express broke the news in Uttar Pradesh, India on Thursday, April 3, 2025.
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