The formula used to calculate President Donald Trump’s new batch of tariffs announced Wednesday is based on dividing the U.S.’s trade deficit with a given country divided by their total ...

The formula used by the Trump administration to calculate 'Liberation Day' reciprocal tariffs is based on trade deficits.

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.

President Trump's new tariffs on more than 100 countries used the same simple formula to calculate the rate for each of them. The formula’s central value is the trade deficit, the difference ...

The Trump administration's tariff calculations appear on paper to be a simplified math of America's trade relationships.

A Simple Formula Gone Wrong The Trump administration revealed the formula it used to calculate the tariff rates, which was developed with the Council of Economic Advisers, according to the report.

A formula from the U.S. trade representative's office showing how to calculate a tariff rate to eliminate a deficit with a trading partner.

The White House’s new tariffs were pegged to amounts it said other countries impose on the U.S. In many cases, those amounts appear to match a basic formula.