Donald Trump signs his plan for reciprocal tariffs — but with a delay

Published On Feb 13, 2025, 3:05 PM

President Donald Trump recently signed a plan for reciprocal tariffs that aims to impose tariffs on nations based on their own tariff levels on U.S. goods. While the duties could take effect as early as April, there is an opportunity for negotiations with affected countries like India, which will be among the first to discuss potential impacts. Trump emphasized that these tariffs are designed to ensure fairness in international trade and indicated that no exemptions will be granted. This move follows recent announcements of other tariffs on steel and aluminum, hinting at a broader shift in U.S. trade policy.

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Given the potential for increased tariffs that could affect international trade, companies heavily reliant on imports or exports may see pressure on their margins. This could especially impact stocks in sectors like manufacturing and consumer goods. Conversely, companies that focus on domestic production might benefit from reduced competition from foreign goods.

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President Donald Trump on Thursday signed his plan for reciprocal tariffs but delayed their implementation as his administration launches negotiations with nations that could be impacted on a one-by-one basis.

The president said advisers would devise new tariff levels reflecting countries’ tariffs, taxes, subsidies and other policies affecting trade with the United States.

Donald Trump's focus this week on reciprocal tariffs could upend US trading relationships around the globe, with some close allies likely to see an increase in duties.