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Economy · 2025-04-02

Reciprocal tariffs matched half of foreign tariff rates

False

Trump presented his reciprocal tariff rates as based on tariffs and trade barriers other countries imposed on U.S. goods.

Claimed by Donald Trump · Liberation Day tariff announcement (editorial paraphrase) · 2025-04-02

What the evidence shows

The announced formula instead divided bilateral goods trade deficits by U.S. imports from each country; it did not measure the tariffs those countries imposed.

What happened next

Review against updated statistics and subsequent developments.

Assessment notes

Editorial paraphrase, not verbatim. Assessment is specific to the documented claim and source context.

Last reviewed: 2026-11-03. Assessments can change as evidence develops.