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'Today is the big one': Trump says he will unveil 'reciprocal' trade tariffs

  • Donald Trump's trade advisers are finalizing plans for reciprocal tariffs on countries imposing duties on U.S. imports, raising fears of a global trade war.
  • European Commission President Ursula von der Leyen warned that the EU's response to U.S. tariffs will be firm and will not go unanswered.
  • The implementation of these tariffs could lead to increased prices for U.S. consumers and disruptions in supply chains, affecting several industries.
  • Trade experts indicate that structuring these reciprocal tariffs presents significant challenges and could result in a higher tax burden for U.S. consumers.
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118 Articles

Lean Left

President opens process to fix reciprocal tariffs on everyone, but will apply them against any fiscal, regulatory and trade barriers

·Spain
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Lean Right

President Donald Trump said he will announce reciprocal tariffs on Thursday, February 13, promising to fulfill his threat of imposing tariffs on imports from countries that impose higher tariffs on U.S. products. The bill would represent a major escalation of his trade war with his economic partners. Trump announced the measure on his Social Truth platform. He did not give details about what tariffs would be, how they would be structured, or whe…

·Mexico
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CGTN broke the news in Beijing, China on Tuesday, February 11, 2025.
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