President Donald Trump told reporters at the White House Friday afternoon that he’s set to open yet another front in his increasingly complex trade wars next week: this time on the issue of reciprocal tariffs.
“I’ll be announcing that next week, reciprocal trade,” the president said Friday of an issue on which he often focused during the campaign.
It wasn’t clear how many countries this new action would apply to, but Trump has often talked about his desire to quickly respond to what he sees as unfair duties imposed by other countries on US exports with equal duties on imports into the US.
“We don’t want any more or any less,” Trump said Friday of his plans promising a news conference next week to lay it out.
Also Friday, the president said that auto tariffs and even potential tariffs on Japan are “always on the table.” He also said he hasn’t changed his mind about his opposition to the acquisition of US Steel (X) by Nippon Steel.
Trump made his comments during an appearance in the Oval Office while sitting next to the Prime Minister of Japan, Shigeru Ishiba.
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