What are reciprocal tariffs, and what do they mean for the crypto industry?

Quick Summary:

The formula used is:Tariff rate (%) = (US trade deficit with country / US imports from country) × 100 / 2Example:US imports from China: $438.9 billionUS exports to China: $147 billionTrade deficit: $291.9 billionDeficit ratio: ($291.9 billion ÷ $438.9 billion) × 100 ≈ 66.5%Tariff rate: 66.5% ÷ 2 ≈ 33.25%This approach led to the US imposing a 34% tariff on Chinese imports in April 2025.

For example, in early 2025, in an effort to address what it perceived as unfair trade practices and a significant trade deficit, the US government, under President Donald Trump, imposed a series of escalating tariffs on Chinese imports.

While the US has recently adopted a formula based on trade imbalances to determine its tariff rates, other countries, like China, often respond with their own set of tariffs, which may not follow the same calculation method.

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Article Details

Author / Journalist: Cointelegraph by Bradley Peak

Category: Crypto

Markets: United StatesCambodiaChinaLaosTaiwan

Topics: 2025 Tariff Crypto Trade Reciprocal Imports Tariffs Goods China Chinese Global

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-26 @ 11:45:00 (12 hours ago)

News Timezone: GMT -5:00

News Source URL: cointelegraph.com

Language: English

Article Length: 1354 words

Reading Time: 8 minutes read

Sentences: 71 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coin Telegraph

News ID: 28215172

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