Reported 3 days ago
President Trump recently announced the implementation of reciprocal tariffs, aimed at charging foreign countries the same taxes or tariffs they impose on U.S. goods. Set to potentially take effect in April, these tariffs mark a shift from universal tariffs to a more selective approach based on specific criteria evaluating trade practices of other nations. This strategy could introduce complexities in trade relations and create political implications as businesses may seek exemptions.
Source: YAHOO