Trump Announces Plan for ‘Fair and Reciprocal’ Tariffs on Global Trade

President Donald Trump has unveiled a plan to impose “fair and reciprocal” tariffs on all countries, arguing that many nations charge significantly higher tariffs on U.S. imports than the U.S. does on theirs. However, rather than immediately imposing tariffs, Trump issued a memorandum on Thursday directing his nominees—Howard Lutnick for Commerce Secretary and Jamieson Greer … Continue reading Trump Announces Plan for ‘Fair and Reciprocal’ Tariffs on Global Trade