Trump to Announce Reciprocal Tariffs by Today
Donald Trump plans to announce mutual tariffs as early as today, according to sources familiar with the matter. The tariffs will match interest rates from U.S. trading partners to U.S. exports and fulfill a key Trump campaign promise. The announcement sparked an immediate market reaction, with the growth power of the dollar, while major U.S. stock indexes fell sharply. Investors are concerned about potential trade tensions and their impact on the global economy. The move marks a more aggressive trade stance that may reshape U.S. trade relations in the near future.
