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Former Obama economic advisor Jason Furman just dropped a reality check that should have every investor paying attention to ...
Four years ago, based on the existing 9x9 multiplication charts, which use Arabic numerals, he began to devise a new chart based on formulas derived from Tibetan chess and dice games. Through repeated ...
Emmanuel Acho shared one of his on Monday's episode of Speak, employing a formula he created to quantify a player's legacy. And if you're thinking that it's too early in the morning to do math, rest ...
The White House’s new tariffs announced Wednesday were pegged to amounts it said other countries impose on the U.S. In many cases, those amounts appear to match a basic formula: the size of a ...
Trump tariff team cites Chicago economist's work, but he says their math doesn't check out By Liz Nagy and Barb Markoff, Christine Tressel and Tom Jones, via Monday, April 7, 2025 ...
The math in President Donald Trump’s tariff formula isn’t adding up—and even conservatives are confused. The American Enterprise Institute, a prominent conservative Washington think tank ...
U.S. President Donald Trump showed off a giant chart on Wednesday full of new “reciprocal” tariffs, which start at 10 per cent and grow steeper for countries with larger trade deficits with ...
The math behind Donald Trump ’s sweeping and allegedly “reciprocal” tariffs may actually be simpler than it seems. With the help of a large chart, the president unveiled his latest wave of ...
May other economists also weighed in and made almost identical observation – the reciprocal tariff formula being the nation’s trade deficit divided by its exports to the US times 1/2.
While Trump's chart claims China imposes a 67 per cent tariff on American products, World Trade Organization data shows China's average tariff in 2024 was just 4.9 per cent.
By way of example, we have a $17.9 billion trade deficit with Indonesia, and import $28 billion in goods from them. $17.9 billion is 64 percent of $28 billion, and on Trump’s chart that became ...
The U.S. Trade Representative (USTR) published an overview of the calculations on its site with a math formula it used to calculate each country’s reciprocal tariff.
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