Trump Announces Plan For Reciprocal Tariffs
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On February 13, President Trump signed a memorandum ordering the development of a comprehensive plan "for restoring fairness in U.S. trade relationships and countering non-reciprocal trading arrangements." According to the White House, the plan would equalize U.S. tariffs to those of trading partners and consider non-tariff barriers as well as value-added taxes imposed on imports from the U.S.
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Read more: Reciprocal Tariffs Fact Sheet → and Reciprocal Tariffs and Trade Memorandum →