Published February 08,2025
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US President Donald Trump on Friday mentioned that he would announce additional “reciprocal” tariffs subsequent week.
Asked about tariffs on merchandise from Japan as he met Prime Minister Shigeru Ishiba on the White House, Trump answered in far-reaching phrases, talking of “reciprocal trade, so that we’re treated evenly with other countries. We don’t want any more, any less.”
Trump spoke of an announcement on Monday or Tuesday.
“I think that’s the only fair way to do it that way nobody’s hurt,” Trump mentioned. “They charge us, we charge them. It’s the same thing, and I seem to be going in that line as opposed to a flat fee tariff.”
Trump mentioned that tariffs weren’t mentioned a lot in his assembly with the Japanese premier. It was not clear who can be focused by the brand new measures. The US president has hinted he would quickly impose tariffs on items imported from the European Union.
US tariffs of 10% on Chinese items took impact on Tuesday, whereas deliberate tariffs of 25% on Mexico and Canada have been suspended for an preliminary interval of 30 days following guarantees from the 2 nations to extend border safety measures.
Trump received November’s presidential election promising to slap excessive tariffs on international items to scale back US commerce deficits. He beforehand applied a variety of duties throughout his first time period from 2017 to 2021.
Source: www.anews.com.tr