Trump plan to expand reciprocal tariffs
To "bring fairness and prosperity back" and level the playing field for American workers, President Trump announced Monday that the US will impose a tariff on other countries in return.
This comes on the heels of a major overhaul of a number of international polices that the new (again) president considered to be unfairly balanced in favor of other nations, as Breitbart News reported.
"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!" Trump wrote on X Monday afternoon.
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!
For purposes of this United States Policy, we will consider Countries that use the…
— Donald J. Trump (@realDonaldTrump) February 17, 2025
More Plan Details
Trump went on to explain that his policy is a balance of fairness and a lean in favor of bolstering the American economy without pushing too hard against other countries.
"For purposes of this United States Policy, we will consider Countries that use the VAT System, which is far more punitive than a Tariff, to be similar to that of a Tariff," he continued.
"Sending merchandise, product, or anything by any other name through another Country, for purposes of unfairly harming America, will not be accepted."
According to the president it's time to take matters into our own hands, including through creating an advantage through the import policies: "In addition, we will make provision for subsidies provided by Countries in order to take Economic advantage of the United States.
Other Provisions
Taking back control of Americans' production and product rights is also at the top of the POTUS to-do list, as he addressed in his announcement:
"Likewise, provisions will be made for Nonmonetary Tariffs and Trade Barriers that some Countries charge in order to keep our product out of their domain or, if they do not even let U.S. businesses operate.
"We are able to accurately determine the cost of these Nonmonetary Trade Barriers. It is fair to all, no other Country can complain and, in some cases, if a Country feels that the United States would be getting too high a Tariff, all they have to do is reduce or terminate their Tariff against us. There are no Tariffs if you manufacture or build your product in the United States."
The president again, reiterated, how unfairly he believes that other countries have treated the United States, "both friend and foe" for many years now.