W hen President Donald Trump initially announced his new tariffs in February, he proposed them as a “fair and reciprocal plan on trade.” And so it was assumed that these reciprocal tariffs , as they are known, would be equal in value to the taxes that foreign countries have set against U.S. goods. In fact, the tariffs unveiled on Trump’s April 2 “Liberation Day” were slightly more complicated—and for some economists, more worrying. Trump first slapped a 10% blanket tariff on all imports into

Tag-uri: Donald Trump