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A reciprocal tariff is a tax or trade limit that one country imposes on another as a reaction to similar measures from that country. The purpose of reciprocal tariffs is to maintain fairness in trade between countries. What are reciprocal tariffs and why do they matter in 2025? Learn how Trump’s new tariff plan could reshape global trade, impact prices, and pressure other countries to change their trade rules. Executive Order: Modifying Reciprocal Tariff Rates to Reflect Trading Partner Retaliation and Alignment For articles, fact sheets, and other materials related to the Presidential actions on reciprocal tariff rates, see below: USTR Press Release: U.S. Trade Representative Issues Statement on President Trump’s Declaration of a National Emergency US President Donald Trump ’s reciprocal tariffs , that have shaken the world economy, are facing their final test with the Supreme Court hearing cases that question the measure’s legality.
