How did Trump determine his tariff figures? 

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Commerce Secretary Howard Lutnick holds a chart as President Donald Trump speaks during an event to announce new tariffs in the Rose Garden at the White House, April 2, in Washington.

Commerce Secretary Howard Lutnick holds a chart as President Donald Trump speaks during an event to announce new tariffs in the Rose Garden at the White House, April 2, in Washington. (Mark Schiefelbein, Associated Press)

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Following President Donald Trump’s “Liberation Day” announcement of reciprocal tariffs on American trade partners this week, a former financial columnist for The New Yorker noticed that something seemed off with the percentages presented in the Rose Garden.

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