Trump tariffs: what are reciprocal tariffs and how will they affect US consumers?

The US president has repeatedly threatened to tax imports at the same rate those countries impose on US goodsDonald Trump has once again threatened to impose a wave of tariffs on US imports, stepping up his bid to overhaul the global economic order.On Thursday, the US president said he plans to introduce “reciprocal” tariffs, ensuring the US imposes the same taxes on its imports from the rest of the world that American goods face in other countries. Continue reading...