US_ Tariffs target trade deficits, not direct duties on U.S.

THE WASHINGTON TIMES

Tariffs target trade deficits, not direct duties on U.S.

President Donald Trump walks to the Oval Office after signing an executive order during an event to announce new tariffs in the Rose Garden of the White House, Wednesday, April 2, 2025, in Washington. (AP Photo/Evan Vucci) more >

By Jeff Mordock and Tom Howell Jr. - The Washington Times - Monday, April 7, 2025


President Trump’s “reciprocal” tariffs are based on trade deficits rather than the tariffs other countries impose on U.S. goods.

By conflating these different measures, Mr. Trump has sown chaos across global markets and forced nations to renegotiate trade relations with the U.S.

It also has roiled some Trump supporters who have turned against the president and one another, though his die-hard backers trust his ambitious plan to boost U.S. manufacturing and reorganize the world economy.

The U.S. is now levying much higher tariffs against some countries than the tariffs they impose on U.S. goods. For example, the U.S. will now charge Japan a 24% tariff for its exports to the U.S., but Japan charges an average weighted tariff of 2.7%, according to data from the World Trade Organization.

South Africa has been slapped with a 30% tariff, but its average weighted tariff is 6.3%. The European Union, which will be hit with a 20% U.S. tariff, charges an average weighted tariff of 3%.

EU officials say they are considering retaliating by putting high tariffs on selected U.S. products rather than across-the-board increases.

SEE ALSO: Trump threatens 100%-plus tariffs on China as trade battles intensify


“I was very surprised that the White House based its tariff formulas on bilateral trade balances. Bilateral trade deficits aren’t inherently problematic. It’s almost impossible to achieve balanced trade between countries, and it’s not necessarily desirable,” said Clark Packard, a senior fellow in trade policy at the libertarian Cato Institute.

The White House has defended its calculations by saying it uses trade deficit and import figures.

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READ MORE: https://www.washingtontimes.com/news/2025/apr/7/trumps-tariff-math-isnt-tariffs/

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