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Trump’s tariff formula used the wrong value in its calculations, conservative think tank says. ‘This whole thing was rigged.’

The formula the White House used to calculate its recent tariff is based on an error that roughly quadrupled the rates from what they should have been.  Two scholars at the American Enterprise Institute (AEI), a conservative think tank, found the White House used the wrong value when assessing the rate at which prices would … Read more

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