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According to the report, President Donald Trump said he would announce reciprocal tariffs on Thursday, promising to deliver on his threat to slap tariffs on imports from countries that impose higher duties on US goods.
The report said the move would represent a major escalation of his trade war with economic partners. Trump announced the move on his Truth Social platform. He did not give any details on the tariffs, how they would be structured, or when they’d take effect.
In a subsequent post, Trump said he would speak about the tariffs at a news conference at 1 p.m., Washington time, from the Oval Office. The timing of the event comes just ahead of Trump’s meeting with Indian Prime Minister Narendra Modi, the leader of a nation that is poised to be hit hard by reciprocal tariffs.
Watch the report on the YT link.
The report said the move would represent a major escalation of his trade war with economic partners. Trump announced the move on his Truth Social platform. He did not give any details on the tariffs, how they would be structured, or when they’d take effect.
In a subsequent post, Trump said he would speak about the tariffs at a news conference at 1 p.m., Washington time, from the Oval Office. The timing of the event comes just ahead of Trump’s meeting with Indian Prime Minister Narendra Modi, the leader of a nation that is poised to be hit hard by reciprocal tariffs.
Watch the report on the YT link.