U.S. President Donald Trump gives a sppech before signing an executive order imposing "reciprocal tariffs" during an event at the White House in Washington on Wednesday. Photos by Xinhua Amid widespread opposition, U.S. Pre...
Mr. Trump on April said his administration would impose reciprocal tariffs at roughly half the rate of duties charged by other nations. In calculating the percentage of taxes charged by each nation on U.S. exports, the White House said it included not just levies, but all trade practices on...
Trump is weighing a two-step tariff regime on April 2: First, to use rarely invoked emergency powers to impose immediate tariffs, then to conduct investigations into trading partners, The Financial Times (FT) reported Tuesday. It is said the Trump team is exploring Section 301 investigations, ...
Trump and Narendra Modi, prime minister of India, a country that could be targeted by U.S. tariffs. Modi has recently sought to assuage the Trump administration's concerns regarding trade issues, moving to cut import India's tariffs on some motorbikes and bourbon whiskey, while also agreeing ...
Trump also signaled more levies on imports would be higher than reciprocal tariffs, such as the 25% steel and aluminum tariffs on Canada and Mexico that the president has paused implemented earlier this month. Autos, computer chips and pharmaceuticals would also be tariffed at higher rates than ...
Trump recently said he planned to slap reciprocal tariffs on "every country" that imposes import duties on the U.S. President Donald Trump speaks while signing executive orders in the Oval Office of the White House in Washington, Feb. 10, 2025. ...
Democratic President Joe Biden largely continued Trump’s protectionist policies. The White House has cited several examples of especially lopsided tariffs: Brazil taxes ethanol imports, including America’s, at 18%, but the U.S. tariff on ethanol is just 2.5%. Likewise, India taxes foreign ...
The massive tariffs that President Donald Trump announced for dozens of trading partners Wednesday were pitched as “reciprocal,” simply aiming to match the tariffs other countries charge the United States.
“Canada has been ripping us off for years on tariffs for lumber and for dairy products,” Trump said in the Oval Office. “They'll be met with the exact same tariffs, unless they drop it, and ... we may do it as early as today or we'll wait 'til Monday or Tuesday. We’re ...
President Donald Trump announced a complete pause on all the “reciprocal” tariffs that went into effect at midnight, with the exception of China.