Trump has used the tariffs as a negotiating tool and a way to protect US industry, and has repeatedly railed against the country’s trade deficit. The order to draw up a reciprocal tariff plan comes alongside other measures, which often do not take a reciprocal approach.

President Donald Trump signed a memo Thursday directing his administration to start determining what level of reciprocal tariffs the U.S. will impose on foreign imports—after long promising to announce the new round of tariffs—but the new taxes will not take effect yet.

President Donald Trump on Thursday rolled out his plan to increase U.S. tariffs to match the tax rates that other countries charge on imports, possibly triggering a broader economic confrontation with allies and rivals alike as he hopes to eliminate any trade imbalances.