‘No more, no less’ — Trump to impose reciprocal tariffs on US trade partners
[NigerianEye - Nigeria] - 18/02/2025
United States President Donald Trump has announced plans to set reciprocal tariffs on all US trade partners, ensuring they charge the same tariffs America imposes on them. In a statement on Monday, Trump said the policy aims to restore fairness and prosperity in what he described as a previously complex and unfair trade system. On February 2, Trump signed economic orders that imposed significant new tariffs on Canada, Mexico, and China, which remain the US’ largest trading partners. However, Trump has said countries can level the playing field by reducing or eliminating their tariffs (…)
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