Japan says have not heard rationale behind reciprocal tariffs from the US ...0

Well, the USTR published this in terms of how they calculated the tariffs to be applied. And as deciphered by many others by now, it seems to be that the way the tariffs are formulated is that it is a means to balance out the trade deficit. It's not anything to do with tariffs fairness.

This article was written by Justin Low at www.forexlive.com.

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