The formula for calculating tariffs by the Trump team.



For example, China's trade surplus with the U.S. reached 295 billion dollars last year, with total exports amounting to 438 billion dollars, accounting for 68%. According to Trump's formula, dividing by two gives a tariff rate of 34%. The same calculation method roughly applies to other economies such as Japan, South Korea, and the EU.
TRUMP-0.17%
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