Reciprocal tariffs refer to tariffs—the taxes charged on imported goods—the U.S. government plans to levy against global trading partners that are equal to the existing tariffs foreign countries have set against American goods. “Very simply, it’s if they charge us, we charge them,” the President said on Sunday during a flight on Air Force One.

Analysts at top financial institutions, including Morgan Stanley and Nomura Holdings Inc, have identified India and Thailand as particularly exposed to potential risks from President Trump’s plan to e

The president tasked top Cabinet officials to study the matter further before deciding on specifics, a process the White House said could take weeks or months.

President Donald Trump says he’ll sign an order that increases U.S. tariffs to the rates other countries charge on imports