Published 17 days ago • loading... • Updated 14 days ago

Trump says he will announce reciprocal tariffs on many countries next week

President Donald Trump announced he will unveil reciprocal tariffs on various countries next week during a meeting with Japanese Prime Minister Shigeru Ishiba at the White House.
The U.S. Had a trade deficit of $68 billion with Japan in 2024, which Trump aims to address with new tariffs.
Trump stated that the tariffs would be reciprocal, meaning the U.S. Would charge the same amount other countries charge the U.S.
The U.S. Census Bureau reported a total trade deficit of $918.4 billion in 2024, an increase of $133.5 billion from the previous year.

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Alternet

The US tried high tariffs and ‘America first’ policies in the 1930s. Here's what happened next.

Donald Trump has hit the 30-day pause button on imposing 25% tariffs on Canada and Mexico, but is proceeding with slapping 10% tariffs on Chinese imports, and tariffs on the EU are still on his agenda. Trump has declared that “tariff” is “the most beautiful word in the dictionary”. Yet as the president weighs up the sweeping consequences of his tariff fixation, he may want to throw out the dictionary and pick up a history book. The magnitude and…

14 days ago·Washington, United States

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NOQ Report

+2 Reposted by 2 other sources

Trump Eyes ‘Reciprocal’ Trade Deals Over Flat Fee Tariffs

(The Center Square)–President Donald Trump said Friday he was considering reciprocal trade deals with countries rather than flat fee tariffs on imported goods from other countries. Trump touted tariffs throughout his campaign and during his inauguration said tariff revenue would make the U.S. “rich as hell.” He also said that tariff revenue would lower the tax burden on American taxpayers. On Friday, the president said he would announce reciproc…

14 days ago

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Hawaii Tribune-Herald

Trump says he will announce reciprocal tariffs next week - Hawaii Tribune-Herald

WASHINGTON — President Donald Trump indicated he was ready to broaden his trade war Friday, saying that he would announce reciprocal tariffs on other countries next week. Such a measure would raise the levies the United States charges on imports to match what other countries charge on American products, a move that could trigger new trade fights.

15 days ago

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Politico

‘Reciprocal’ tariffs on every country to be announced next week, Trump says

President Donald Trump on Friday said he would be announcing tariffs next week that match the duties imposed by other countries, in what would be a major shift from his previous threat to impose an across-the-board tariff on all imports from across the world. “I’ll be announcing that next week, reciprocal trade, so that we’re treated evenly with other countries,” he told reporters at a press briefing with Japanese Prime Minister Shigeru Ishiba. …

15 days ago

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Firstpost News

Trump to announce more tariffs next week to ensure ‘reciprocal, even trade with other countries’

The announcement marks yet another escalation of the Republican leader's offensive to rejig global trade relationships to favour the US. Trump announced a 25 per cent tariff on Canada and Mexico on recently but postponed it

15 days ago·Mumbai, India

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The Epoch Times

Trump Says He'll Unveil Reciprocal Tariffs on Other Countries Next Week

President Donald Trump laid out plans Feb. 7 for a reciprocal tariff announcement expected Monday or Tuesday. Nations that impose tariffs on U.S. products can expect similar policies in return, he said. “Where a country … charges us so much, and we do the same,” Trump said. “I think that’s the only fair way to do it. That way, nobody’s hurt.” He made the remarks during a joint press conference with Japanese Prime Minister Shigeru Ishiba at the W…

16 days ago·New York, United States

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