U.S. President Donald Trump has directed his economic team to devise a reciprocal tariff plan, imposing matching duties on countries that charge tariffs on U.S. imports. The move, announced as part of Trump's broader trade policy overhaul, could escalate tensions with major global economies.
Trump signed a memorandum instructing officials to calculate reciprocal tariffs to counter existing duties and non-tariff barriers imposed on U.S. goods. While the order stops short of an immediate tariff hike, it launches an investigation into foreign trade policies that could take weeks or months to complete.
The White House strategy will initially focus on countries with the largest trade surpluses and highest tariff rates, including China, Japan, South Korea, and the European Union. Trump has also criticized India, citing its high tariffs on U.S. exports.
Markets reacted cautiously to the announcement, with Wall Street seeing modest gains, relieved that immediate tariffs were not enacted. However, analysts warn that the plan could fuel inflation and disrupt global supply chains.
Commerce Secretary nominee Howard Lutnick said the administration aims to finalize studies by April 1, coinciding with a deadline set for reducing U.S. trade deficits.
Trade experts note that implementing customized reciprocal tariffs poses a complex legal and logistical challenge. The White House is exploring various trade statutes, including Section 122 of the Trade Act of 1974, which allows for a temporary 15% tariff.
Trump has already imposed 10% tariffs on Chinese goods, steel and aluminum duties, and has placed a 30-day hold on tariffs for Canada and Mexico. Additional levies on cars, semiconductors, and pharmaceuticals are under consideration.
While the White House maintains that the policy aims to encourage trade negotiations, experts warn it could lead to retaliatory measures from U.S. allies and rivals, intensifying trade disputes.
Indian Prime Minister Narendra Modi met U.S. President Donald Trump on Thursday (February 13), discussing tariff concessions, trade deals, and strategic cooperation on China amid concerns over a looming trade war.
U.S. President Donald Trump’s push to combat Mexican cartels and end the fentanyl crisis has been undermined by his own freeze on foreign aid, which has halted U.S.-funded anti-narcotics programs in Mexico, sources told Reuters.
China and the United Kingdom should enhance strategic communication and mutual trust, Chinese Foreign Minister Wang Yi said during a meeting with the UK prime minister on Thursday.
Libyan security authorities have recovered 29 more bodies from a mass grave in the southeast, bringing the total number of migrant bodies found in recent days to 57, according to officials.
Robert F. Kennedy Jr., a vaccine critic and advocate for tackling chronic disease, has been confirmed as U.S. Health Secretary following a 52-48 Senate vote on Thursday (February 13).
Indian Prime Minister Narendra Modi met U.S. President Donald Trump on Thursday (February 13), discussing tariff concessions, trade deals, and strategic cooperation on China amid concerns over a looming trade war.
U.S. President Donald Trump’s push to combat Mexican cartels and end the fentanyl crisis has been undermined by his own freeze on foreign aid, which has halted U.S.-funded anti-narcotics programs in Mexico, sources told Reuters.
China and the United Kingdom should enhance strategic communication and mutual trust, Chinese Foreign Minister Wang Yi said during a meeting with the UK prime minister on Thursday.
Libyan security authorities have recovered 29 more bodies from a mass grave in the southeast, bringing the total number of migrant bodies found in recent days to 57, according to officials.
Robert F. Kennedy Jr., a vaccine critic and advocate for tackling chronic disease, has been confirmed as U.S. Health Secretary following a 52-48 Senate vote on Thursday (February 13).
Elon Musk has called for the shutdown of Radio Free Europe/Radio Liberty (RFE/RL) and Voice of America (VOA), arguing that the U.S.-funded media outlets serve as government propaganda tools and waste taxpayer money.
Apple is reportedly working on a version of AirPods Pro with integrated cameras, set to launch as early as 2027, according to Bloomberg’s Mark Gurman. While the cameras won’t be featured in the upcoming AirPods Pro 3, the new tech aims to enhance AI-driven features and spatial audio integration.
Public sector strikes are causing major disruptions across Germany, including halted public transport in Frankfurt, as workers demand higher pay and better conditions.
Oxford researchers unveil a scalable quantum supercomputer capable of quantum teleportation, paving the way for next-gen tech with enhanced security and computational power.
The iconic Dubai Fountain will close for five months starting in May for a major upgrade, enhancing its technology, choreography, and sound system. Visitors can expect a more spectacular show when it returns in October.
Indian Prime Minister Narendra Modi met U.S. President Donald Trump on Thursday (February 13), discussing tariff concessions, trade deals, and strategic cooperation on China amid concerns over a looming trade war.
U.S. President Donald Trump’s push to combat Mexican cartels and end the fentanyl crisis has been undermined by his own freeze on foreign aid, which has halted U.S.-funded anti-narcotics programs in Mexico, sources told Reuters.
China and the United Kingdom should enhance strategic communication and mutual trust, Chinese Foreign Minister Wang Yi said during a meeting with the UK prime minister on Thursday.
Libyan security authorities have recovered 29 more bodies from a mass grave in the southeast, bringing the total number of migrant bodies found in recent days to 57, according to officials.
Robert F. Kennedy Jr., a vaccine critic and advocate for tackling chronic disease, has been confirmed as U.S. Health Secretary following a 52-48 Senate vote on Thursday (February 13).
Indian Prime Minister Narendra Modi met U.S. President Donald Trump on Thursday (February 13), discussing tariff concessions, trade deals, and strategic cooperation on China amid concerns over a looming trade war.
U.S. President Donald Trump’s push to combat Mexican cartels and end the fentanyl crisis has been undermined by his own freeze on foreign aid, which has halted U.S.-funded anti-narcotics programs in Mexico, sources told Reuters.
China and the United Kingdom should enhance strategic communication and mutual trust, Chinese Foreign Minister Wang Yi said during a meeting with the UK prime minister on Thursday.
Libyan security authorities have recovered 29 more bodies from a mass grave in the southeast, bringing the total number of migrant bodies found in recent days to 57, according to officials.
Robert F. Kennedy Jr., a vaccine critic and advocate for tackling chronic disease, has been confirmed as U.S. Health Secretary following a 52-48 Senate vote on Thursday (February 13).
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