News Summary February 14, 2025
Today's Top Story: Trump Signs Memo to Advance Reciprocal Tariffs, Aims to Balance Trade
In our top story today, President Trump signed a memorandum for the "Fair and Reciprocal Plan," which the White House says will seek to correct longstanding imbalances in international trade. While the order doesn't immediately lead to the implementation of reciprocal tariffs on US trading partners, including many US allies, the Wall Street Journal reports that it directs the Commerce Department and the US Trade Representative (USTR) to take proper steps to ensure "reciprocal trading status..."
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