4:05 PM · 7 February 2025

BREAKING: Trump told Republicans he plans to issue reciprocal tariffs as soon as Friday

The U.S. dollar gained in value and the U.S. indices deepened their declines after Donald Trump said he intends to announce reciprocal tariffs as early as Friday, two sources familiar with the plans told Reuters. On the campaign trail, Trump promised to impose reciprocal tariffs on American imports equal to the rates that trading partners impose on American exports.

Source: xStation

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