Reported about 24 hours ago
Trade experts have raised concerns about the methodology used by President Trump's administration to calculate tariffs on imports, which many believe unjustly ties them to trade deficits. The new tariffs impose a blanket import tax with higher rates for allies and lower rates for adversaries, contradicting Trump's initial claims of reciprocity based on unfair trade barriers. Economists argue that trade deficits stem from various factors beyond tariffs, and assert that the approach could complicate trade relationships further.
Source: YAHOO