
Kindergarten Math? US Trade Deficit Meets Tariff Formula
A deep dive into the Trump administration’s ‘reciprocal’ tariff math, where matching 2+2 equals charging your neighbor rent because their lawn is greener.
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A deep dive into the Trump administration’s ‘reciprocal’ tariff math, where matching 2+2 equals charging your neighbor rent because their lawn is greener.
US tariffs on the Chinese mainland have reduced the trade deficit and shifted imports globally, but an increase in exports from China persists due to undercounted small parcels.
Former EU Council President Herman Van Rompuy calls for multilateralism and open markets to address the EU-China trade deficit, emphasizing fair competition and market openness.
The U.S. public debt surpasses $35 trillion, influenced by the dollar’s global role. Explore the economic and international impacts of this unprecedented growth.
The US public debt has surpassed $35 trillion, the largest globally. Explore how the dollar’s status as the world’s reserve currency influences this debt and its global economic consequences.