youtube
The Trump administration launched a sweeping tariff strategy targeting countries with which the U.S. runs trade deficits. The White House's formula is being used to calculate new import duties, but some economists say it lacks credibility and does not reflect actual trade practices. Experts caution that the move could lead to retaliatory tariffs, disrupt global supply chains and threaten economic growth.
Chapters:
0:00 Introduction
1:38 The formula
2:47 Trade deficits
Produced and edited by: Charlotte Morabito
Animation: Jason Reginato
Senior Director of Video: Lindsey Jacobson
Additional Footage: Getty Images
» Subscribe to CNBC:
» Subscribe to CNBC TV:
About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.
Do you want a new career that’s higher-paying, more flexible or fulfilling? Take CNBC’s new online course - How to Change Careers and Be Happier at Work. Pre-register today and use coupon code EARLYBIRD for an introductory discount of 30% off $67 (+taxes and fees) through May 13, 2025:
Connect with CNBC News Online
Get the latest news:
Follow CNBC on LinkedIn:
Follow CNBC News on Instagram:
Follow CNBC News on Facebook:
Follow CNBC on Threads:
Follow CNBC News on X:
Follow CNBC on WhatsApp:
#CNBC
#Tariffs
#Trump
Trump’s Tariff Math Explained
|
2025/04/04
youtube
