US President Donald Trump signed a memorandum outlining a plan to impose reciprocal tariffs on countries that impose duties on American imports. The tariffs will be implemented after a team reviews bilateral trade relationships, starting with countries with large trade surpluses and high tariff rates. Trump also addressed the Russia-Ukraine war, stating his agreement with Defence Secretary Pete Hegseth's position that Ukraine joining NATO is unrealistic and potentially a catalyst for the conflict.
United States President Donald Trump has signed a memorandum unveiling a broad plan to charge reciprocal tariffs on every country that imposes duties on American imports.The new tariffs will be imposed after a team re-examines the bilateral trade relationship each country has with the US.
A high-ranking team will look at bilateral tariff and trade relationships, starting with countries with the biggest trade surpluses and the highest tariff rates.quotes a White House official saying the president’s reciprocal tariffs would match the higher duty rates charged by other countries. Trump said that in almost all cases, countries were charging the United States vastly more but that those days were over.Donald Trump imposes 25% tariffs on steel and aluminium:Russia-Ukraine warTrump was taking questions in the Oval Office when he blamed former President Joe Biden for opening the door to the possibility of Ukraine joining the North Atlantic Treaty Organisation .
He said that a return to Ukraine’s pre-2014 borders before Russia invaded Crimea was an unrealistic objective.
Economics Tariffs Trade War Reciprocity Russia-Ukraine War NATO
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