By
Reuters
Revealed
February 12, 2025
U.S. President Donald Trump stated he would impose reciprocal tariffs as quickly as Wednesday night on each nation that costs duties on U.S. imports, in a transfer that ratchets up fears of a widening international commerce battle and threatens to speed up U.S. inflation.
Reuters
“I may do it later on or I may do it tomorrow morning, but we’ll be signing reciprocal tariffs,” Trump advised reporters on the White Home.
Trump’s newest spherical of market-rattling tariffs comes as Indian Prime Minister Narendra Modi is because of go to the White Home on Thursday. The Trump administration has complained that India has excessive tariffs that lock out U.S. imports.
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