Washington, February 18: U.S. President Donald Trump has introduced a new trade policy featuring reciprocal tariffs designed to ensure fairness in international trade. This policy will impose tariffs on countries that charge higher duties on U.S. goods compared to their own. Trump stated that this would safeguard American jobs and create fairer trade relations.
The policy announcement comes amidst continued trade tensions with countries like China and the European Union. While critics warn it could lead to retaliation and disrupt global markets, Trump argued that it is essential to protect U.S. economic interests and strengthen its global standing.
