Trump orders federal agencies to study reciprocal tariffs

(Image: Getty)

Fri, 14 Feb 2025

By Gavin Bade and Tarini PartiWASHINGTON – President Trump on Thursday signed a memo on reciprocal trade, directing federal agencies to study how to adjust US tariff rates to match existing duties and certain economic barriers enforced by other nations.The order stops short of actually imposing the tariffs immediately, as many foreign capitals feared, and instead directs the Commerce Department and the US trade representative to deliver reports on the steps to be taken to achieve reciprocal trading status. 'A fundamental change&#...

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