Why Trump wants to impose reciprocal tariffs

President Trump announced a plan for reciprocal tariffs on U.S. trading partners, marking another step in his challenge to the economic consensus that tariffs increase consumer prices. The announcement comes one day after new inflation data showed persistent price increases across the economy. Weijia Jiang has details.

Feb 14, 2025 - 03:00
Why Trump wants to impose reciprocal tariffs
President Trump announced a plan for reciprocal tariffs on U.S. trading partners, marking another step in his challenge to the economic consensus that tariffs increase consumer prices. The announcement comes one day after new inflation data showed persistent price increases across the economy. Weijia Jiang has details.

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