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 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.

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

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 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.

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

Economists say the crude formula the White House used to calculate what it’s calling “reciprocal tariffs” is too simplistic to achieve its goal of wiping out US trade deficits.

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.