Trump Pushes for Reciprocal Tariffs to Reshape Global Trade

Washington, D.C.  — President Donald Trump has directed his administration to explore imposing reciprocal tariffs on key trading partners, intensifying his drive for what he calls fairer trade practices.

In a formal directive signed on Thursday, Trump instructed the US Trade Representative and the Commerce Secretary to develop country-specific tariff proposals aimed at addressing trade imbalances.

“For too long, American businesses have faced unfair disadvantages,” Trump stated, emphasizing that certain countries impose high tariffs on US exports while enjoying largely unrestricted access to American markets.

The move targets nations with significant trade surpluses with the US, including China, Germany, and Japan,  as part of an effort to realign economic relationships and reduce the trade deficit.

Howard Lutnick, Trump’s nominee for Commerce Secretary, revealed that the assessment process should conclude by April 1, allowing for swift implementation once findings are finalized. However, officials acknowledged that crafting these tariffs could take weeks or months.

Trump’s protectionist stance has long resonated with his base, particularly in industrial states like Pennsylvania, Ohio, and Michigan, where factory closures and offshoring have deeply affected communities.

While the tariff plan is designed to boost domestic industries and protect American jobs, critics warn it could trigger trade wars, escalate consumer prices, and disrupt global supply chains.

Despite concerns from economists and international allies, the Trump administration reaffirmed its commitment to prioritizing American industries and addressing long-standing trade imbalances.

 

By Taiwo  Olatinwo|February 13, 2025.


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