WASHINGTON: US President Donald Trump inked plans on Thursday (Feb 13) for sweeping "reciprocal tariffs" that could hit both allies and competitors, in a dramatic escalation of an international trade war that economists warn could fuel inflation at home. Speaking in the Oval Office, Trump said he had decided to impose the reciprocal duties, telling reporters that US allies were often "worse than our enemies" on trade. In particular, he singled out the European Union for being "absolutely brutal"

Tag-uri: Inflatie Donald Trump