President Donald Trump’s administration calculated its raft of new tariffs primarily based on existing trade balances — a departure from pledges to match the tariff rates and other trade barriers from ...

President Trump and his team had said a wide array of practices would go into their calculations for reciprocal tariffs ...

Switzerland’s tariffs could be much lower. Bermuda’s could be way higher. And Australia could have no tariffs at all.

It turns out a pretty simple formula was used to calculate ... surplus with the US by the value of its exports to the US. Then, the resulting figure was divided by two, to make the tariff rate.

The United States Trade Representative detailed a formula that divides a country’s trade surplus with the US by its total exports, based on data from the US Census Bureau for 2024. And then that ...

President Trump’s administration calculated its raft of new tariffs primarily based on existing trade balances — a departure ...

The US claims India charges a 52% per cent tariff on US imports, but where does this figure come from? Let's find out ...

Data available with the Office of the US Trade Representative indicates that US total goods trade with India was an estimated ...

The calculations used by the White House don’t include a detailed assessment of each foreign country's trade practices.