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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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  • 46% of the sources are Center
46% Center
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CGTN broke the news in Beijing, China on Tuesday, February 11, 2025.
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