President Donald Trump signed a memorandum Thursday for the U.S. to look at implementing “reciprocal tariffs” to match the tax rates other nation’s place on imports of American goods.
“On trade I have decided for purposes of fairness, that I will charge a reciprocal tariff — meaning whatever countries charge the United States of America, we will charge them no more, no less. In other words, they charge us a tax or tariff and we charge them the exact same tax or tariff. Very simple,” Trump said...