(FreePressBeacon.com) – Vowing that “jobs will go up tremendously,” President Donald Trump has unveiled a bold move to protect American interests, signing an executive order to impose “reciprocal tariffs” on Thursday, February 13, 2025.
See the tweet below!
This plan aims to level the playing field by matching the tariffs charged by foreign nations on U.S. exports.
By targeting unfair trade practices, Trump asserts this will bolster job growth and safeguard American industry.
Trump’s reciprocal tariff plan targets countries with significant trade imbalances and high tariffs on U.S. goods, focusing on countries with large trade surpluses.
The review will identify nations whose non-tariff policies, such as value-added taxes (VATs), are harming U.S. interests.
Under the plan, both adversaries and allies will face the same scrutiny, with no exemptions or waivers expected.
The new tariff structure will account for foreign tariffs, taxes, subsidies, and exchange rates, raising some concerns about potential increases in consumer prices and inflation at home.
Economists express concern about the plan’s impact on the global trading system, traditionally regulated under the World Trade Organization (WTO).
The potential for retaliatory tariffs and trade wars looms large as countries adjust to this aggressive shift in U.S. trade policy.
Despite the possible risks, Trump remains steadfast.
“On trade, I have decided for purposes of fairness, that I will charge a reciprocal tariff—meaning whatever countries charge the United States of America, we will charge them no more, no less,” he firmly stated during his Oval Office announcement, cited by Fox Business.
This move marks a departure from previous discussions of a universal tariff strategy.
The objective is not merely about charging tariffs but encouraging global economic fairness. Trump’s plan sets the stage for intense negotiations and possible adjustments to tariff levels worldwide.
By April 1, studies will establish appropriate tariff levels, with implementation focused first on nations with the highest trade deficits.
Even though Wall Street voices its concerns, Trump believes in the potential for American job growth, stating emphatically, “I’ll tell you what will go up is jobs. The jobs will go up tremendously. We’re going to have great jobs, jobs for everybody.”
Aligning tariffs with foreign ones aims to incentivize American production, further nurturing domestic employment opportunities.
Trump’s robust stance signals his commitment to reviving American industry by holding foreign nations accountable to fair trade practices.
As carefully crafted studies and diplomatic engagements proceed rapidly, the international trade community watches keenly to see if this recalibrated approach will really defend America’s economic future.
BREAKING: President Trump announces reciprocal tariffs for countries currently charging the United States.
"I have decided for purposes of fairness that I will charge a reciprocal tariff."
"We will charge them no more, no less. In other words, they charge us a tax or tariff,… pic.twitter.com/a2RJPyCewD
— Collin Rugg (@CollinRugg) February 13, 2025
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