Trump says he will announce reciprocal tariffs over next two days
U.S. President Donald Trump on Monday said he would announce plans to impose reciprocal tariffs on other countries over the next two days. The Republican president spoke to reporters in the Oval Office as he signed two proclamations ending waivers granted by former President Joe Biden to steel and aluminum tariffs instituted during his first term and raising duties on both metals to 25%.
But there’s a method behind Trump’s tariff plan. Trump has used and promised to expand tariffs for three primary purposes: to raise revenue, to bring trade into balance and to bring rival countries to ...
President Donald Trump has said he will announce a 25% import tax on all steel and aluminium entering the US, a move that ...
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