President Donald Trump’s formula for imposing tariffs on dozens of nations has confounded economists who say it not based on ...
JPMorgan analysts noted Wednesday that the tariffs would hike taxes on Americans by $660 billion a year — the largest tax increase (by a longshot) in recent memory. It will cause prices to surge, too, ...
Economist Wojtek Kopczuk asked ChatGPT to calculate tariffs to balance out the U.S. trade deficit. He received a similar ...
President Donald Trump announced his gargantuan "Liberation Day" tariffs. They impose 10% tariffs on imports from almost ...
Brunei’s tariffs could be much lower. Equatorial Guinea’s could be way higher. And Australia could have no tariffs at all. It ...
A reasonable person might also remember that he tried them a few years ago in a trade war, to negative effect. We have, as a ...
Policy decisions are questioned as Trump's tariffs are linked to AI calculations, raising concerns about his economic ...
The "reciprocal" tariffs that President Donald Trump announced this week are based on a flagrant fallacy: the idea that there ...
The barrage of tariffs President Donald Trump levied this week, which sent shock waves through global markets, sparked ...
The Trump administration's formula for calculating new tariffs raised questions among economists — even some whose work was ...
Financial markets are experiencing turmoil after China imposed a 34% tariff on all U.S. goods in response to President ...
The Trump administration took that formula’s figure, -0.5 for South Korea, and divided it by two to calculate the U.S.