The person behind the mysterious tariffs mathematics has admitted that the calculations were badly off and used incorrectly.

The Trump administration has basically no answer for why it imposed tariffs on a group of uninhabited islands off the coast ...

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Follow the latest tariffs coverage in our live blog ; The US stock market lurched lower on Tuesday night after Donald Trump forged ahead with 104pc tariffs on China. A rally prove ...

A tariff calculation formula published by the White House indicates that the math involves taking the trade deficit for ... We'll have a balance sheet recession in Canada, we will have a slow growth ...

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The exasperated economist whose tariff formula was butchered by the White House said “I don’t even know” how they got it so badly wrong.