What is Trump afraid we will see about how the tariffs were formulated?

When the Office of the U.S. Trade Representative unveiled its now-infamous "Liberation Day" tariff formula in April 2025, economists quickly noticed that something was not right. At first glance, the formula looked impressive. It had Greek symbols, academic citations, and all the trappings of serious economic analysis. But once economists began examining it, the sophistication quickly fell...

When the Office of the U.S. Trade Representative unveiled its now-infamous "Liberation Day" tariff formula in April 2025, economists quickly noticed that something was not right. At first glance, the formula looked impressive. It had Greek symbols, academic citations, and all the trappings of serious economic analysis. But once economists began examining it, the sophistication quickly fell...