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.
President Donald Trump has declared Wednesday "Liberation Day," when he is expected to roll out a tariff plan that will ...
President Donald Trump said countries, whether staunch allies or adversaries, would be subject to at least a 10% tariff.
At least four Republican lawmakers are planning to attend President Trump’s “Liberation Day” event celebrating his new slate ...
Donald Trump has dubbed Wednesday April 2, 2025, "Liberation Day." What is it, and how does it apply to tariffs in the United ...
President Donald Trump's sweeping reciprocal tariffs announcement on Wednesday has several countries taking varied approaches ...
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