Trump says he will announce reciprocal tariffs on many countries next week
- President Donald Trump announced he will unveil reciprocal tariffs on various countries next week during a meeting with Japanese Prime Minister Shigeru Ishiba at the White House.
- The U.S. had a trade deficit of $68 billion with Japan in 2024, which Trump aims to address with new tariffs.
- Trump stated that the tariffs would be reciprocal, meaning the U.S. would charge the same amount other countries charge the U.S.
- The U.S. Census Bureau reported a total trade deficit of $918.4 billion in 2024, an increase of $133.5 billion from the previous year.
115 Articles
115 Articles
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…
NOQ Report
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…
sgtreport.com
Mish Talk - Global Economic Trend AnalysisTrump 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 […]
Will Donald Trump's newly proposed 'reciprocal tariffs' be better than his earlier tariffs for China and Mexico? Here's what we know
Donald Trump has recently announced after his delaying his tariffs on Canada and Mexico that he would be charging 'reciprocal' tariffs on some countries. What does he mean by this?
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.
President Trump Says He Will announce “Reciprocal Tariffs” Next Week
US President Donald Trump has said that he would announce reciprocal tariffs next week that match the duties announced by other nations, Politico reported. Addressing a press briefing with Japanese Prime Minister Shigeru Ishiba on Friday, Trump said, “I’ll be announcing that next week, reciprocal trade so that we’re treated evenly with other countries.” He […]
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