President Donald Trump said he would announce reciprocal tariffs on Thursday, promising to deliver on his threat to slap tariffs on imports from countries that impose higher duties on U.S. goods.
The Trump administration on Thursday unveiled a new international trade plan calling for reciprocal tariffs, on the heels of proposed 25% tariffs on steel and aluminum imported from Canada and Mexico.
The Trump administration is setting the stage to add new import taxes on foreign goods at levels that account for both higher tariffs imposed by some U.S. trade partners as well as nontariff barriers, ...