US media: Trump personally selects tariff calculation formula, final decision only made three hours before official announcement

BlockBeats News: On April 5th, The Washington Post reported that after Trump took office as the President of the United States, government economic workers began a daunting task: determining tariff rates for dozens of countries to fulfill his campaign promise of setting up "equivalent" trade barriers. After several weeks of work, assistants from several government agencies have developed a list of options covering various trade practices. However, Trump personally chose a formula based on two simple variables. According to sources, it is not yet clear who proposed this option, but it shares some striking similarities with the approach proposed by Navarro, a tough economic advisor during Trump's first administration. On Wednesday, after the tariff measures were announced, the market fell sharply, and this rough calculation was ridiculed by economists. The report also stated that after late night discussions on Tuesday, Trump did not decide on the final plan until around 1pm on Wednesday - less than three hours after his announcement in the Rose Garden. (Golden Ten)