President Donald Trump's new tariff policy appears to follow a simple yet controversial formula: dividing a country's trade surplus with the US by its total exports to calculate the percentage of ...

The formula shown below uses a country's trade surplus as the numerator — with "x" representing total exports for a given nation and "m" representing total imports. That was then divided by ...

The US Trade Representative released a statement explaining its methodology for calculating the tariffs. Read more at straitstimes.com. Read more at straitstimes.com.