The entire premise of the administration’s approach—that a country’s tariff and non-tariff trade barriers can be derived solely from the bilateral trade balance with that country, and that ...

President Donald Trump's new tariffs vary greatly between countries. The Office of the US Trade Representative explained the pretty simple formula used. The math puts a heavy emphasis on trade ...

Scott Kennedy and Ryan Featherston discuss recent U.S. tariffs and how the problem with the Trump administration’s approach is not which formula they use, but their general allergy to bilateral trade ...

Trade balance between the nations favors New Zealand, which in 2024 imported goods worth $64 million from Sri Lanka including tea, coffee, apparel and rubber products.