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President Donald Trump introduced his “discounted reciprocal tariffs” on over 200 countries on April 2. Most countries ...
The Trump administration took that formula’s figure, -0.5 for South Korea, and divided it by two to calculate the U.S.
The administration appears to have used a simple, two-step formula to calculate the "reciprocal tariffs" applied to trading ...
But if the tariffs calculations have been hastily put together by an AI, that would indicate a new depth of incompetence for ...
The formula used by the Trump administration to calculate 'Liberation Day' reciprocal tariffs is based on trade deficits.
Some overseas officials challenged Trump's math, such as George Plant, the administrator of Norfolk Island, who told the ...
Economist Wojtek Kopczuk asked ChatGPT to calculate tariffs to balance out the U.S. trade deficit. He received a similar ...
Complex formulas and stacked duty rates—how companies calculate what to pay.