And the administration's math, Neiman said doesn't check out. "I think they grabbed the wrong number from our research. The one that I would use from my own research and plug into their equation ...

'I'm very optimistic': Steel company owner tells CNN tariffs will help them ...

Mr. Neiman was a Biden administration Treasury official who co-wrote trade-related academic research cited by the Trump White House. My first question, when the White House unveiled its tariff ...

A conservative think tank has said the formula the Trump administration used to calculate tariffs that are wreaking havoc on the economy contains an egregious error ...

But his one-size-fits-all formula is blunt: It applies the exact same math to countries whether they have hefty trade barriers or wide-open markets. It considers only the size of a trade deficit ...

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or ...

“Terminate your own tariffs, drop your barriers, don't manipulate your currencies,” said Trump from the Rose Garden as experts started decoding the formula behind the new duties that will come ...

But Trump's claim is misleading not only because some of the nations hit with tariffs haven't levied any against the U.S., but also because the math apparently ... never seen a formula like ...

published an overview of the calculations on its site with a math formula it used to calculate each country’s reciprocal tariff. Here's how that formula breaks down: For example, the U.S ...

President Donald Trump displays a signed executive order imposing tariffs on imported goods from across the world during a press conference at the White House's Rose Garden on Wednesday.

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 ...