Biggest Fraud in History: How did Trump calculate reciprocal tariffs? Explained by Ankit Agrawal

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Biggest Fraud in History: How did Trump calculate reciprocal tariffs? Explained by Ankit Agrawal

In this video, Ankit Agrawal from Study IQ breaks down the controversial methodology behind former U.S. President Donald Trump’s “reciprocal tariffs”, which have been labeled as one of the most perplexing economic policies in recent history. These tariffs, aimed at reducing the U.S. trade deficit, were calculated using a unique formula based on trade balances rather than actual tariff rates imposed by other nations.

This detailed analysis is crucial for UPSC GS2 aspirants, focusing on international trade, economic policies, and governance. Watch to understand the complexities of Trump’s tariff strategy and its global impact.

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