US Trade War Escalation: Trump Prepares Retaliatory Tariffs
2025-02-12
Reuters
The US is on the brink of a trade war as President Donald Trump's advisors finalize plans for reciprocal tariffs. With trade tensions rising, the Trump administration is poised to impose tariffs on imports in response to foreign trade practices. The move is expected to have significant implications for global trade, with potential consequences for international commerce and the economy. As trade war fears mount, the US is taking a tough stance on trade, with reciprocal tariffs being a key component of its strategy. The tariffs are expected to impact various industries, including manufacturing and agriculture, and may lead to a rise in protectionism.