Trump Announces Reciprocal Tariffs to Counter Global Trade Barriers

The Trump administration is aiming to remedy unfair global trade with reciprocal tariffs.
Trump Announces Reciprocal Tariffs to Counter Global Trade Barriers
Shipping containers are organized at the Houston Port of Authority in Houston on Feb. 10, 2025. Brandon Bell/Getty Images
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WASHINGTON—President Donald Trump on Feb. 13 signed off on a plan to enact reciprocal tariffs on U.S. trading partners, citing countries’ unfair barriers to trade against the United States.

Trump said at the Oval Office that reciprocal tariffs mean “whatever countries charge the United States of America, we will charge—no more no less.”

Andrew Moran
Andrew Moran
Author
Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."