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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,
Videos posted by Chinese TikTok users that suggest people should purchase fashion items straight from factories in the ...
President Donald Trump said he'll be rolling out reciprocal tariffs. Here's what that means for the U.S. and its trading ...
President Trump triumphantly held up a poster board in the Rose Garden on Wednesday showing the reciprocal tariffs he ...
White House top economic adviser, Kevin Hassett, doubled down to ABC News' Rachel Scott that there will be no tariff ...
White House National Economic Council Director Kevin Hassett said President Donald Trump and his trade team are currently ...
Analysts projected iPhone prices could increase by more than 40% before the White House at least temporarily carved out ...
The White House has taken pains to say administration officials are unified on the tariff effort announced on April 2, which the White House dubbed "Liberation Day." ...
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