Trump Signs Memo to Advance Reciprocal Tariffs, Aims to Balance Trade
President Trump signed a memorandum that could lead to the implementation of reciprocal tariffs on the trading partners of the United States.
“The ‘Fair and Reciprocal Plan’ will seek to correct longstanding imbalances in international trade and ensure fairness across the board,” per a fact sheet from the White House. “Gone are the days of America being taken advantage of: this plan will put the American worker first, improve our competitiveness in every area of industry, reduce our trade deficit, and bolster our economic and national security...
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