India charges 52% but was slapped with 'discounted' 26% tariffs by Trump; Here's the maths behind the reciprocal tariffs

Reciprocal tariffs aim to balance U.S. bilateral trade deficits by calculating the necessary tariff rates. These tariffs counteract economic fundamentals and policy imbalances, potentially ranging from 0 to 99 percent. They address issues like regulatory barriers and currency manipulation, helping to level the trading field.