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Trump announces plan to impose 'fair and reciprocal' tariffs against American trading partners, including allies

  • President Trump is expected to announce reciprocal tariffs on Wednesday, challenging decades of global trade practices.
  • Trump argues that tariffs are necessary because other countries tax American exports at higher rates, creating an unfair playing field.
  • Trump's plan includes matching foreign tariffs, addressing VATs, and targeting foreign practices like subsidies and intellectual property theft.
  • The U.S. Currently has lower tariffs than many trading partners; for example, Brazil taxes ethanol at 18% while the U.S. Taxes it at 2.5%.
  • Experts anticipate the reciprocal tariffs could disrupt businesses and strain relationships, though some suggest it might encourage trade negotiations.
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Center
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Center

The US President also promised Thursday to impose "reciprocal" tariffs on the country's trading partners.

·Montreal, Canada
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Lean Right

DEXYPTAGE - Climbing in the trade war: the US President's new threat mixes tariffs, VAT rates, subsidies and up to the exchange rate.

·Paris, France
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Lean Left

President Donald Trump signed a new order in which he applies reciprocal tariffs to other countries: here all national and international effects

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Right

For the Oval Office, “if they tax us, we tax the same way.” Sanctions against the ICC prosecutor: he will not be able to enter the US. For a D-day, D in the sense of tariffs, it was not a revolution, but a strong indication. Donald Trump has launched a trade offensive that looks more like a...

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Stars and Stripes broke the news in Washington, United States on Thursday, February 13, 2025.
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