Trump says he will announce reciprocal tariffs on many countries next week

The US tried high tariffs and ‘America first’ policies in the 1930s. Here's what happened next.

Donald Trump has hit the 30-day pause button on imposing 25% tariffs on Canada and Mexico, but is proceeding with slapping 10% tariffs on Chinese imports, and tariffs on the EU are still on his agenda. Trump has declared that “tariff” is “the most beautiful word in the dictionary”. Yet as the president weighs up the sweeping consequences of his tariff fixation, he may want to throw out the dictionary and pick up a history book. The magnitude and…

Trump Eyes ‘Reciprocal’ Trade Deals Over Flat Fee Tariffs

(The Center Square)–President Donald Trump said Friday he was considering reciprocal trade deals with countries rather than flat fee tariffs on imported goods from other countries. Trump touted tariffs throughout his campaign and during his inauguration said tariff revenue would make the U.S. “rich as hell.” He also said that tariff revenue would lower the tax burden on American taxpayers. On Friday, the president said he would announce reciproc…

Trump Announces Reciprocal Tariffs Next Week, a Major Trade War Escalation

by Mish Shedlock, Mish Talk: Trump announced no details, but I believe I have a good idea of what he means. Many charts tell the story. Reciprocal Tariffs Reuters reports Trump Says He Will Announce Reciprocal Tariffs on Many Countries Next Week. President Donald Trump said on Friday he plans to announce reciprocal tariffs on many […]

Trump says he will announce reciprocal tariffs next week - Hawaii Tribune-Herald

WASHINGTON — President Donald Trump indicated he was ready to broaden his trade war Friday, saying that he would announce reciprocal tariffs on other countries next week. Such a measure would raise the levies the United States charges on imports to match what other countries charge on American products, a move that could trigger new trade fights.

‘Reciprocal’ tariffs on every country to be announced next week, Trump says

President Donald Trump on Friday said he would be announcing tariffs next week that match the duties imposed by other countries, in what would be a major shift from his previous threat to impose an across-the-board tariff on all imports from across the world. “I’ll be announcing that next week, reciprocal trade, so that we’re treated evenly with other countries,” he told reporters at a press briefing with Japanese Prime Minister Shigeru Ishiba. …

Trump eyes ‘reciprocal’ trade deals over flat fee tariffs

From The Center Square By Brett Rowland “We’re going to have tariffs, mostly reciprocal tariffs … probably reciprocal tariffs where a country pays so much or charges us so much and we do the same, so very reciprocal because I think that’s the only fair way to do it. That way no one is hurt. They charge us, we charge them” President Donald Trump said Friday he was considering reciprocal trade deals with countries rather than flat fee tariffs on i…