The formula used by the Trump administration to calculate 'Liberation Day' reciprocal tariffs is based on trade deficits.

President Donald Trump introduced his “discounted reciprocal tariffs” on over 200 countries on April 2. Most countries ...

The Insurance Capital Standard (ICS) is the quantitative component of ComFrame. In similar fashion to existing insurance regulatory regimes, the ICS acts as the IAIS’ prescribed capital ...

Trump’s tariff evaluation strategy, backed by a mathematical formula, attempts to address trade imbalances but remains ...

The United States Trade Representative detailed a formula that divides a country’s trade surplus with the US by its total exports, based on data from the US Census Bureau for 2024. And then that ...