World Blog by humble servant.Detailed Report on the Trump Administration’s Reciprocal Tariffs: Methodology, Impacts, and Economic Implications.

Detailed Report on the Trump Administration’s Reciprocal Tariffs: Methodology, Impacts, and Economic Introduction The Trump Administration implemented a policy of "reciprocal tariffs" aimed at addressing perceived trade imbalances with the United States. These tariffs were calculated based on a formula tied to the U.S. trade deficit with each nation, with the stated goal of reducing deficits by penalizing countries with trade surpluses. However, this approach has been criticized for oversimplifying global trade dynamics, ignoring struc...