Headlines
Trump says reciprocal tariffs will target all countries
Published by Global Banking & Finance Review®
Posted on March 31, 2025
1 min readLast updated: January 24, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on March 31, 2025
1 min readLast updated: January 24, 2026
Trump to announce a global reciprocal tariff plan targeting all nations with fees on US exports, to be unveiled on 'Liberation Day.'
By Andrea Shalal
ABOARD AIR FORCE ONE (Reuters) - U.S. President Donald Trump said on Sunday reciprocal tariffs he is set to announce this week will include all nations, beyond just a smaller group of 10 to 15 countries.
Trump has promised to unveil a massive tariff plan on Wednesday, which he has dubbed "Liberation Day." He has already imposed tariffs on aluminum, steel and autos, along with increased tariffs on all goods from China.
"You'd start with all countries," he told reporters aboard Air Force One. "Essentially all of the countries that we're talking about."
Trump says he will impose a suite of reciprocal tariffs against nations that charge fees on U.S. exports, promising to match those countries' duties.
In February, Trump signed a memorandum that directed U.S. trade officials to go country by country and put together a list of tailored counter-measures.
Last week, he suggested he might scale back his reciprocal plans, perhaps imposing tariffs in some cases at lower rates than countries charge the United States.
(Reporting by Andrea Shalal, Jarrett Renshaw and Trevor Hunnicutt; Editing by Kim Coghill and Clarence Fernandez)
The main topic is Trump's announcement of a global reciprocal tariff plan affecting all countries with fees on US exports.
Reciprocal tariffs are duties imposed by a country to match the tariffs charged by another country on its exports.
The tariff plan is set to be announced on Wednesday, referred to as 'Liberation Day.'
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