US Edition'Today is the big one': Trump says he will unveil 'reciprocal' trade tariffs
- President Donald Trump announced on February 12 that he would unveil 'reciprocal tariffs,' imposing levies on many countries and may sign them soon after.
- Trump criticized President Joe Biden for allowing other countries to exploit the U.S. and imposed a 25 percent tariff on all steel and aluminum imports effective March 4.
- European Commission President Ursula von der Leyen stated that unjustified tariffs on the European Union would trigger countermeasures to safeguard economic interests.
- The Federal Reserve's Jerome Powell noted uncertainty about new policies but said the economy remains strong amid rising inflation concerns following the tariff announcements.
118 Articles
118 Articles
Trump says he’ll rework global trading relations with ‘reciprocal’ tariffs - Hawaii Tribune-Herald
WASHINGTON — President Donald Trump on Thursday set in motion a plan for new tariffs on other countries globally, an ambitious move that could shatter the rules of global trading and is likely to set off furious negotiations.
President opens process to fix reciprocal tariffs on everyone, but will apply them against any fiscal, regulatory and trade barriers
Trump Says He'll Announce Reciprocal Tariffs On US Trading Partners On Thursday
WASHINGTON (AP) — President Donald Trump said Thursday that he’s announcing increases on U.S. tariffs to match the tax rates that other countries charge on imports. “TODAY IS THE BIG ONE: RECIPROCAL TARIFFS!!!” Trump posted on his social media site, Truth Social. “MAKE AMERICA GREAT AGAIN!!!” Trump later posted that there would be a news conference in the Oval Office on the tariffs Thursday afternoon, raising questions about whether he’s formall…
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…
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