[Thursday, April 3] US News Headlines from r/politics
Area 1: TRADE AND ECONOMIC POLICY
Topic 1.1: Tariff Implementation and Structure
The Trump administration’s sweeping tariffs have shown peculiar implementation patterns. Russia was conspicuously absent from the countries subject to tariffs [1], while uninhabited territories were oddly included [2]. The formula for calculating tariffs has been revealed to be based on trade deficits rather than reciprocal rates [3]. The administration has also ended de minimis treatment for goods from China and Hong Kong [4].