Wall Street Journal on ‘what we know’ about Trump’s reciprocal tariffs

February 12, 2025
-FCHFX

February 12, 2025 at 04:10AM
The Wall Street Journal piece is gated:

What We Know About Trump’s Reciprocal Tariffs

Senior aide Peter Navarro is a major driver of the idea inside the White House

In very brief:

Trump’s team is working on reciprocal tariffs this week via executive action, bypassing Congress.

Peter Navarro, a key Trump trade adviser, has long supported this policy.

The plan aims to match or exceed tariffs imposed on U.S. exports by other nations.

It may also target non-tariff barriers, like foreign subsidies, taxes, and regulations. Japan, the EU, and China could face higher U.S. tariffs under this approach.

A few minutes ago Trump didn’t add anything much on this:

Trump says “we’ll see” when asked if reciprocal tariffs are coming Wednesday

This article was written by Eamonn Sheridan at www.forexlive.com.

Wall Street Journal on ‘what we know’ about Trump’s reciprocal tariffs

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