Trump Announces Reciprocal Tariffs on Allies, Competitors To Address ‘Unfair Trade Practices’
President Donald Trump on Thursday announced a new round of reciprocal tariffs on U.S. competitors and allies alike, mirroring the higher rates that other countries impose on American exports. The tariffs will not take effect immediately—a deliberate move to give countries time to negotiate new trade terms with the United States, a White House official
