Does The Reciprocal Trade Formula Balance Trade or Penalize Trade Surpluses?
Former JPMorgan Chase Global Chief Economist (Ph.D. in Economics) & Current Keynote Public Speaker for Hire
Special thanks to Bernd-Dittrich on Unsplash.com
Many readers have requested that we share some nonpartisan insights on the recent tariff decision. On April 2, 2025, President Trump announced a universal 10% tariff on all imports and introduced additional "reciprocal" tariffs aimed at specific…
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