
President Donald Trump hinted at the possibility of announcing reciprocal tariffs in a recent post on Truth Social. In his post, Trump mentioned that 'today is the big one: reciprocal tariffs.' This announcement comes following his previous statements indicating a potential tariff plan before his meeting with Indian Prime Minister Narendra Modi.
During a conversation on Air Force One, Trump expressed his intention to impose reciprocal tariffs on countries that levy import duties on the US. He emphasized a straightforward approach, stating, 'Very simply, if they charge us, we charge them.'