In February, former President Donald Trump announced his intention to implement a tough stance on trade with China and other countries engaging in what he termed as trade abuses. At a rally in South Carolina, Trump emphasized his strategy of imposing reciprocal tariffs on countries that levy tariffs on the US, stating, 'It’s called you screw us, and we screw you.'
Trump proposed the 'Trump Reciprocal Trade Act,' which would involve matching any tariffs imposed on the US with identical tariffs on the respective countries. This approach, according to the former president, aimed to pressure other nations into dropping their tariffs.
