Trump's 'Reciprocal Tariff' Math: A Masterclass In Economic Absurdity

Economics
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As President Donald Trump lights the global economy on fire in his bid to reduce America’s $1.2 trillion annual trade deficit, a few astute observers on X have uncovered the math that went into arriving at the tariffs that other countries charge the United States, which ultimately led to the reciprocal tariffs that the US will now be imposing on them.

What Happened: A post questioned Trump’s credibility on the subject of tariffs. James Surowiecki, a writer for The Atlantic and Fast Company had a tough time making sense of some of the figures shared by the White House on Wednesday evening, especially those about tariffs imposed by other countries on American exports.

Full story available on Benzinga.com

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