How the Trump Administration Calculated
the New Reciprocal Tariffs
Posted By: Dreadnought, 4/3/2025 1:59:18 PM
The Trump administration on Wednesday released its long-awaited formula for calculating the new reciprocal tariffs unveiled in the Rose Garden, offering a clearer picture of how the United States intends to address persistent trade imbalances. According to a statement from the Office of the United States Trade Representative (USTR), the tariffs are calculated using a straightforward formula based on each country’s goods trade surplus with the United States. Specifically, the method divides a country’s trade surplus by its total exports to the U.S., then applies a 50 percent discount to the resulting percentage. For example, China exported $438 billion in goods
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Dreadnought"
South Korea’s impeached president is
removed from office, four months after
declaring martial law 1 reply
removed from office, four months after
declaring martial law 1 reply
Seoul, South Korea — South Korea’s highest court has removed embattled President Yoon Suk Yeol from office, ending months of uncertainty and legal wrangling after he briefly declared martial law in December and plunged the nation into political turmoil.
The court’s decision on Friday marks Yoon’s formal dismissal from the presidency after parliament voted to impeach him late last year. His removal takes effect immediately, meaning he must now leave the presidential residence, and will trigger an election to replace him.
It’s a remarkable fall from grace for the former prosecutor-turned-politician, who rose to prominence for his role in the impeachment and imprisonment of another president years
President Donald Trump’s deportations may give a 17 percent wage gain to American construction workers, according to the New York Times.
The wage gain is predicted by a New York Times article that described how cheap migrant labor helped a builder prepare a $2.65 million home for sale to wealthy Americans.
Without immigrant workers, Mr. Anderson’s labor costs could jump by 17 percent, adding $116,000 to his budget, the article lamented:
A shock to the labor market by a loss of workers through deportation and the fear of deportation could potentially drive up wages
President Donald Trump on Thursday cheered Ford’s “great ad” touting its offering employee pricing to every American and how the auto manufacturer employs the most hourly workers of any automaker.
Ford Motor Company announced its “From America, For America” “handshake deal for America” offering employee pricing for all Americans on almost of its vehicles through June 2.
Rob Kaffl, the general manager for marketing, sales, and service at Ford, revealed Ford’s aggressive price move as President Donald Trump announced 25-percent tariffs on imported vehicles and certain auto parts, which will be collected starting on Thursday, as Breitbart News reported.
It has taken a long time but some modicum of common sense seems to be making its way back into San Francisco. It started when the city ousted woke DA Chesa Boudin and continued when it elected a slightly more moderate Mayor in Daniel Lurie. Yesterday, Mayor Lurie took a step that is long overdue. He announced the city would end the free distribution of drug paraphernalia for addicts, at least not without some counseling.
Mayor Daniel Lurie today announced a major policy shift in San Francisco’s response to the fentanyl crisis, focused on getting people off the streets and quickly into treatment and care. Under new guidelines issued
The shrinking Department of Education just issues a notice to state leaders across the country reminding them that public schools are dependent on federal funds and those funds are dependent on compliance with civil rights law, specifically the elimination of DEI programs.
As a condition for receiving federal money, the Trump administration is ordering K-12 schools to certify that they are following federal civil rights laws and eliminating diversity, equity and inclusion practices...
“Federal financial assistance is a privilege, not a right,” Craig Trainor, acting assistant secretary for civil rights, said in a statement. He said many schools have flouted their legal obligations, “including by using DEI programs to
FRANKFURT, Germany U.S. President Donald Trump’s sweeping new tariffs on American imports shocked governments and investors around the world, swiftly spurring both threats of retaliation and calls for negotiation as industries scrambled and global stocks tumbled. China accused the U.S. of “bullying” and the European Union said it was ready to mount “robust” countermeasures, with French officials suggesting taxes to hit U.S. tech giants.
Yet others, like the United Kingdom and Japan, expressed hope for a deal with Trump and refrained from talk of retaliation against the world’s biggest economy, fearing that slapping their own tariffs on American goods will only make things worse.
The Trump administration on Wednesday released its long-awaited formula for calculating the new reciprocal tariffs unveiled in the Rose Garden, offering a clearer picture of how the United States intends to address persistent trade imbalances.
According to a statement from the Office of the United States Trade Representative (USTR), the tariffs are calculated using a straightforward formula based on each country’s goods trade surplus with the United States. Specifically, the method divides a country’s trade surplus by its total exports to the U.S., then applies a 50 percent discount to the resulting percentage.
For example, China exported $438 billion in goods
Dow drops 1,500 as US stock market leads
a worldwide sell-off following Trump’s
tariff shock 13 replies
a worldwide sell-off following Trump’s
tariff shock 13 replies
NEW YORK — Financial markets around the world are reeling Thursday following President Donald Trump’s latest and most severe volley of tariffs, and the U.S. stock market may be taking the worst of it.
The S&P 500 was down 4% in morning trading, worse than the drops for other major stock markets. The Dow Jones Industrial Average was down 1,520 points, or 3.6%, as of 10:10 a.m. Eastern time, and the Nasdaq composite was 4.0% lower.
Little was spared as fear flared globally about the potentially toxic mix of higher inflation and weakening economic growth that tariffs can create.
Everything from crude oil
LOS ANGELES, California — Consumers in Los Angeles County were shocked Tuesday as a new quarter-percent sales tax, ostensibly to raise funds for services for the homeless, went into effect following a referendum in November.
L.A. voters passed Measure A, which replaced and increased an earlier county-wide sales tax for the homeless. That tax, passed a decade ago, failed to stem the growth of the homeless population and may even have encouraged it.
As Breitbart News reported in November:
The UK Sun noted the effect of the tax on consumers’ pocketbooks:
The sales tax went up from 9.5% to 9.75% to increase funding to prevent homelessness.
Women’s fencer Stephanie Turner refused a match against a transgender opponent at the Cherry Blossom Open in Maryland this past weekend, opting to take a knee instead.
When Turner learned that she would be facing off against transgender fencer Redmond Sullivan, she wanted her protest to be caught on video and decided to take a knee just before the match began. She had already participated in warmups and competed in four bouts that day. Take a look: Speaking with Fox News, Turner said USA Fencing has failed to listen to women’s views on trans athletes participating in their sport.
There are two stories here. Once is the ongoing wave of vandalism and domestic terrorism by left-wing nutjobs and the other is the silence of Democrats. Neither of these stories is really breaking news at this point, but I haven't stopped caring and I don't think our readers have either.
So on that note, let's just go over a few acts of vandalism and the people who've been either identified as suspects or already arrested. Apparently these people don't understand that Tesla's have lots of cameras.
In Boston, a woman was captured on video throwing a brick through the window of a Tesla.
A group of Republican senators voted along with Democrats on Wednesday for a resolution to undo President Trump’s 25 percent tariffs on Canadian imports, dealing an embarrassing blow to Trump.
The resolution expresses the sense of the Senate and doesn’t have the force of law, but its 51-48 passage is unwelcome news for the president on the very day he announced a host of new tariffs.
Four Republicans — Sens. Rand Paul (Ky.), Susan Collins (Maine), Lisa Murkowski (Alaska) and Mitch McConnell (Ky.) — voted for the measure.
They voted to express their disapproval of Trump’s tariffs on Canada
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Mike Pence to Receive JFK Profile in Courage
Award for 'Putting His Life on the Line'
on January 6th 26 replies
Award for 'Putting His Life on the Line'
on January 6th 26 replies
Former Vice President Mike Pence has been chosen as the recipient of the 2025 John F. Kennedy Profile in Courage Award for certifying Joe Biden's victory in the 2020 presidential election.
The John F. Kennedy Library Foundation announced its decision Thursday, stating that Pence was selected for "putting his life and career on the line to ensure the constitutional transfer of presidential power on January 6, 2021."
The Uniparty is determined to severely undermine President Trump’s efforts to rebalance trade agreements worldwide and bring back millions of jobs from overseas.
As The Gateway Pundit reported, President Donald Trump announced on Wednesday the implementation of a 10% baseline tariff on all imports, effective April 5, 2025. The worst offenders will be hit with even tougher measures on April 9.
Speaking from the White House Rose Garden, President Trump proclaimed April 2 as “Liberation Day,” marking a new era of economic independence. He emphasized that this measure is essential to protect American jobs and revitalize domestic manufacturing.
Senator Adam Schiff (D-CA) said Wednesday on MSNBC’s “Prime” that the Democrats have planned so-called shadow hearings to “expose” the Trump administration’s “corruption.”
Co-host Alicia Menendez said, “You announced today a set of hearings are going to have next week with fired DOJ officials. What is it you are hoping to learn from them?”
Schiff said, “Well, today as you know, we saw the case, the corruption case against the mayor of New York dismissed with prejudice. That means that case can never be brought again. It wasn’t dismissed because of a lack of evidence.
The father of a Texas teen accused of fatally stabbing a football star from a rival school over a seat at the stadium says his son is a “good kid” who was provoked to violence.
“Everyone has already made their assumptions about my son, but he’s not what they’re making him out to be,” Andrew Anthony told The Post.
Karmelo Anthony, 17, was arrested Wednesday for allegedly killing 17-year-old Austin Metcalf at a track meet, leaving him to die in his twin brother’s arms.
“He’s a good kid. He works two jobs. He’s an A student, has a 3.7 GPA,” the heartbroken dad said.
One of former President Joe Biden’s senior aides admitted in a new book that the 82-year-old couldn’t grasp the back and forth of debate and would fall asleep by the pool while they prepped for his showdown with Trump, according to a book excerpt.
Top Biden aide Ron Klain, who helped the former president with debate prep, was “half-seriously” wondering if Biden believed he was the president of NATO rather than the president of the United States, according to the excerpt of Chris Whipple’s new book published by The Guardian. While they prepped, Klain reportedly told Whipple that the then 81-year-old president “didn’t know what Trump had been saying
Hamas is ready to release all remaining 59 hostages in Gaza in exchange for a permanent cease-fire with Israel, Palestinian officials said.
As Israel ramps up its military campaign in Gaza, the terror group told negotiators it was prepared to free all its hostages so long as it gets assurance that Jerusalem will withdraw all its forces, a senior Palestinian official told the Times of Israel.
It remains to be seen if the proposal will be accepted, as Israeli Prime Minister Benjamin Netanyahu has long rejected any deal that does not include Hamas’ complete defeat, including demilitarization and its permanent exit from Gaza.
Germany’s outgoing Chancellor voices the frustrations felt across the European ruling class at President Donald Trump tearing up the status quo on trade, decrying an “attack”.
The European Union, which has been hit with tariffs twice as high as post-Brexit Britain given the bloc’s protectionist policies and tariffs on imports, is expressing its distress and even outrage at President Trump’s bid to reform the United States’ trade relationship with the world. Germany’s Chancellor Olaf Scholz who is still technically in power nearly six weeks after he lost the Federal elections in February spoke in defence of the globalist status quo on Thursday.
Women’s fencer Stephanie Turner refused a match against a transgender opponent at the Cherry Blossom Open in Maryland this past weekend, opting to take a knee instead.
When Turner learned that she would be facing off against transgender fencer Redmond Sullivan, she wanted her protest to be caught on video and decided to take a knee just before the match began. She had already participated in warmups and competed in four bouts that day. Take a look: Speaking with Fox News, Turner said USA Fencing has failed to listen to women’s views on trans athletes participating in their sport.
Well, Lookie Here: Congresswoman and Harvard
Prof Are Caught Planning Massive Anti-Trump Riots? 14 replies
Prof Are Caught Planning Massive Anti-Trump Riots? 14 replies
We now know the names of the people leading the “resistance” against President Donald Trump and the attacks on Elon Musk. They occupy the highest levels of Congress and the pinnacle of the Ivy League. They’ve called for more attacks against Tesla and are leading “resistance” training to get more of it on the streets. Just like they did in 2017, leading to the Summer of Love.
Rep. Pramila Jayapal (☭-Wash.), who just left her perch as chair of the Congressional Progressive Caucus, and Harvard professor Erica Chenoweth are holding “resistance” training sessions to get leftists “street ready” for mass protests against President Donald Trump.
Dow drops 1,500 as US stock market leads
a worldwide sell-off following Trump’s
tariff shock 13 replies
a worldwide sell-off following Trump’s
tariff shock 13 replies
NEW YORK — Financial markets around the world are reeling Thursday following President Donald Trump’s latest and most severe volley of tariffs, and the U.S. stock market may be taking the worst of it.
The S&P 500 was down 4% in morning trading, worse than the drops for other major stock markets. The Dow Jones Industrial Average was down 1,520 points, or 3.6%, as of 10:10 a.m. Eastern time, and the Nasdaq composite was 4.0% lower.
Little was spared as fear flared globally about the potentially toxic mix of higher inflation and weakening economic growth that tariffs can create.
Everything from crude oil
Is the Supreme Court Compromised by Deep State Cronyism?
In a bombshell revelation that’s sending shockwaves through conservative circles, it turns out Chief Justice John Roberts has been rubbing elbows with none other than Norm Eisen—the radical leftist operative who’s spent years orchestrating lawfare campaigns against President Donald Trump and his allies.
According to a report from Revolver News, Roberts didn’t just bump into Eisen at a D.C. cocktail party. No, these two are apparently such “good pals” that Roberts jetted off to the Czech Republic for a week-long sleepover at Eisen’s lavish 150-room palace.
Grieving Texas father speaks out after
son was stabbed to death at high school
track meet 12 replies
son was stabbed to death at high school
track meet 12 replies
A Texas father is speaking out after his 17-year-old son was fatally stabbed during a high school track meet, telling Fox News his life is "destroyed."
Austin Metcalf, a junior at Memorial High School in Frisco, was stabbed in the chest allegedly by 17-year-old Karmelo Anthony, a student from another school. The altercation reportedly began as a seating dispute as the teams waited for the delayed competition to begin.
"My son is gone, and he'll never come home again," Austin’s father, Jeff Metcalf, said Thursday on "America Reports."