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How the White House Calculated Its ‘Reciprocal’ Tariffs on Imports
The Trump administration took that formula’s figure, -0.5 for South Korea, and divided it by two to calculate the U.S. “discounted reciprocal” tariff rate. So, while South Korea imposes an effective tariff rate of .79 percent on U.S. goods, the reciprocal tariff rate the U.S. is imposing on South Korea is 25 percent.
Trump Tariffs on China Actually 145%, Says White House
The tariffs imposed on China by President Trump in his second term add up to 145%, the White House said on Thursday—not 125%, as it previously indicated. The 125% tariff that President Trump announced on Wednesday afternoon referred only to reciprocal tariff levels,
"This is not a permanent sort of exemption," Commrece Secretary Howard Lutnick said of Trump's tariff carve-outs for tech products.
President Trump triumphantly held up a poster board in the Rose Garden on Wednesday showing the reciprocal tariffs he ...
Former Biden Treasury Department official Brent Neiman said the Trump White House used his data to justify its reciprocal ...
President Donald Trump said he'll be rolling out reciprocal tariffs. Here's what that means for the U.S. and its trading ...
Chip stocks seemed to recover on Monday despite EU countries looking to retaliate against U.S. President Donald Trump's ...
The Associated Press asked for your questions about reciprocal tariffs. Here are a few of them, along with our answers.
U.S. stocks surged on Wednesday after President Donald Trump temporarily pulled back on most tariffs, deescalating trade war ...
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