U.S. President Donald Trump stood in the Rose Garden of the White House on Wednesday brandishing a giant chart listing countries slapped with new "reciprocal" tariffs, which start at 10 per cent ...

The math puts a heavy emphasis on trade deficits. It turns out a pretty simple formula was used to calculate President Donald Trump's "Liberation Day" tariffs. The levies on imported goods into ...

Donald Trump’s big lie regarding what he calls “reciprocal” tariffs is his calculation formula. The U.S. president approved a supposedly sophisticated ... Therefore, what remains in the denominator is ...

But later, the White House published what might look like a complicated mathematical formula. But if you unpick the formula above it boils down to simple maths: take the trade deficit for the US ...