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Who developed US President Donald Trump's 'Liberation Day' tariff formula? Mystery continues

IndiaTimes Friday, 4 April 2025 ()
US President Donald Trump has announced significant tariffs on trade partners to address trade imbalances. Conflicting accounts regarding the formula's origin add to the confusion, but it’s attributed to the Council of Economic Advisers and the US Trade Representative. The move raises concerns of a potential trade war.
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Video Credit: Oneindia - Published
News video: Trump’s ‘Liberation Day’ Tariffs Effect at Mexico Border–President Sheinbaum's Economic Defense Plan

Trump’s ‘Liberation Day’ Tariffs Effect at Mexico Border–President Sheinbaum's Economic Defense Plan 03:33

President Donald Trump has unleashed sweeping new "Liberation Day" tariffs, imposing a minimum 10% baseline on trading partners, including Mexico. As tensions rise, Mexican President Claudia Sheinbaum has ruled out immediate retaliatory tariffs, instead focusing on a strategic economic defense plan....

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