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Donald Trump unveils ‘reciprocal’ tariff plan to hit trade partners

  • President Donald Trump announced a reciprocal tariff plan targeting countries that impose duties on U.S. Imports, aimed at enhancing economic and national security.
  • Commerce Secretary Howard Lutnick stated that the administration will thoroughly evaluate each affected country and complete studies by April 1.
  • Trump indicated that prices might increase in the short term due to these tariffs but hoped they would encourage companies to manufacture in the U.S.
  • Experts warned that implementing these tariffs poses significant challenges due to the diverse duty rates across countries, with Trump hoping for negotiations on the tariffs.
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New Hampshire Union Leader broke the news in New Hampshire, United States on Thursday, February 13, 2025.
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