Trump’s Reciprocal Tariff Calculations Are Nonsense, Will Punish Mutually Beneficial
Yesterday, the Trump administration announced a series of tariffs it characterized as “reciprocal,” ranging from 10 percent to 50 percent and calculated for every country on Earth. The country-specific rates were made public at the press conference announcing the tariffs, as well as on White House social media. However, despite the characterization of the tariffs…
