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- Trump signs plan for reciprocal tariffs on all US trading partners
Trump signs plan for reciprocal tariffs on all US trading partners
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US President Donald Trump has announced plans to impose reciprocal tariffs on countries that impose tariffs on US goods. The tariffs, which will be implemented on a country-by-country basis, aim to address trade imbalances and promote a level playing field in global trade. According to Trump, the tariffs will be equal to the tariffs imposed by other countries, and will not be less. He has stated that this approach is fair to all countries, and that no other country can complain.
Tariffs against Canada will put your jobs at risk, potentially shutting down American auto assembly plants and other manufacturing facilities. They will raise costs for you, including food at the grocery stores and gas at the pump.
I firmly believe with Trump we will work with twice the speed we did in his first term.
India also charges a 100% tariff on US motorcycles, while we only charge a 2.4% tariff on Indian motorcycles.
An eye for an eye, a tariff for a tariff, same exact amount.
Nobody knows what that number is unless you go by the individual country, you can see what it is. If you go to individual country and see what they are charging us, in almost all cases, they are charging us more than what er charge them. Those days are over.
They charge us a tax or tariff and we charge them the exact tax or tariff. Very simple.
On trade I have decided for purposes of fairness that I will charge a reciprocal tariff, meaning whatever countries charge the United States of America, we will charge them. No more, no less.
This should have been done a long time ago.
If you build your product in the United States, there are no tariffs.
Prices could go up somewhat, short term, but prices will also go down.
Major exporting nations of the world attack our markets with punishing tariffs and even more punishing non-tariff barriers.
What's going to happen is we are going to look at all of our trading partners, starting with the ones with which we run the biggest deficits, find out if they are cheating the American people, and if they are, we are going to take measures to correct that wrong.
Trump's objective of implementing reciprocal tariffs is to ensure fair treatment for US exports, which could indirectly also address US trade imbalances with partner countries.
The US economy entered 2025 with a fair amount of momentum, but we look for real GDP growth to downshift a bit over the next few quarters as the price-boosting effects of tariffs erode growth in real income, thereby weighing on growth in real consumer spending.
Trump's tariffs
- Donald Trump Announces 90-Day Tariff Reduction with China
- US and China Reach New Agreement on Tariffs After Ongoing Trade Negotiations in Geneva
- Donald Trump Proposes Significant Reduction in China Tariffs Amid Ongoing Trade Negotiations
sources
- 1.BBC
- 2.Al Jazeera
- 3.France 24
- 4.The New York Times
- 5.Le Monde
- 6.CNA News
- 7.The Times of India
- 8.The Guardian
- 9.Agence France-Presse
- 10.CNN
- 11.Times
perspectives
- 1.US under Donald Trump
- 2.Chinese Foreign Policy
- 3.US-China Relations
- 4.Immigration to the US
- 5.US Economy
- 6.Inflation
- 7.Trade Agreement
- 8.World Economy
- 9.US-India relations
- 10.Mexico under Claudia Sheinbaum
- 11.US-EU relations
- 12.United States–Mexico–Canada Agreement
countries
- 1.Australia
- 2.Brazil
- 3.Canada
- 4.China
- 5.Colombia
- 6.India
- 7.Japan
- 8.Korea, Republic of
- 9.Mexico
- 10.Russian Federation
- 11.Thailand
- 12.United States
organizations
- 1.White House
- 2.European Union
- 3.World Trade Organization
- 4.BRICS
- 5.Harley Davidson
- 6.Nomura
- 7.Republican Party
- 8.Census Bureau
- 9.Google
- 10.Red Cedar Investment Management
- 11.Tax Foundation
- 12.Wells Fargo
persons
- 1.Donald Trump
- 2.Narendra Modi
- 3.Howard Lutnick
- 4.Ana Swanson
- 5.Peter Navarro
- 6.Alex Durante
- 7.Bernie Sanders
- 8.Duncan Edwards
- 9.Elon Musk
- 10.Jamieson Greer
- 11.Joe Biden
- 12.John Plassard
