President says US will impose ‘reciprocal’ duties but no new specific tariffs are announced

Summary

Trump announced plans for “reciprocal” tariffs on countries imposing duties on US goods but did not introduce specific measures.

He ordered a Commerce Department review, due in April, to address trade “imbalances.” Trump acknowledged short-term price increases but claimed tariffs would boost US jobs.

He also suggested 100% tariffs on BRICS nations if they undermine the US dollar.

Economists warn tariffs could fuel inflation, which remains at 3%.

    • Zier
      9•2 days ago

      You are wrong, OBAMA DID IT!!! (even though we know it was president felon).

  • @TommySoda
    13•2 days ago

    Will* go up

    And in the end he’ll just say “they made me do it because of their tariffs.”

    • @[email protected]English
      2•1 day ago

      If he’s saying they might go up, it means they will go up dramatically. It means he can’t even rationalize it in his own, incredibly stupid, head.

      Which means reality is going to be so, so much worse.