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.
228 Articles
228 Articles
How the NDP is fighting for survival in face of plunging popularity and Trump’s trade war
In local races across the country, NDP candidates are emphasizing their own records and accomplishments while subtly shying away from Jagmeet Singh’s image and the national party brand.
LETTER: Federal election not about Trump
Tariffs bedamned, our election is not about Trump; it’s about the dismal state of a limping, divided Canada in chaos and how we got here under a government that espoused our essence as “having no mainstream core identity” and declaring us to be “a post-national state.” That we now find ourselves with a weak economy vulnerable to Trump’s nonsensical tariffs is a product of that Liberal ideology and the suffocating policies that came along with it.
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