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Another tariff has been implemented! Just now, Trump officially signed it!

2025-02-14

On February 13, local time, US President Trump announced that he had decided to impose "reciprocal tariffs", that is, to make the tariff rates imposed by the United States and its trading partners equal, and said that he would consider imposing tariffs on countries that use the value-added tax system.
When signing a memorandum in the Oval Office of the White House that day, Trump said, "In order to be fair, I have decided to impose reciprocal tariffs, which means that no matter how much tariffs other countries impose on the United States, we will also impose the same tariffs on them, no more and no less."

The memorandum did not specify the time for imposing "reciprocal tariffs". However, some analysis shows that the reciprocal tariffs announced by Trump will not be levied immediately, but the signing of the relevant memorandum will enable the Trump administration to start the process of formulating relevant tariffs.
White House officials said that Trump hopes to act quickly and hinted that it will take "weeks" rather than "months" to implement tariff measures

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