Trump Tariffs Explained Part II Posted on April 12, 2025 by Tony Lima If ε*φ = 2.047, the tariff should be 10%*(1 + 1/2.047) = 14.88%. And if ε*φ = 3.100, the tariff should be 10%*(1 + 1/3.100) = 13.22%. Continue Reading →