Donald Trump plans to announce reciprocal tariffs as early as Today, according to sources familiar with the matter. These tariffs will match the rates that U.S. trading partners impose on American exports, fulfilling one of Trump’s key campaign promises. The announcement triggered immediate market reactions, with the U.S. dollar gaining strength while major U.S. stock indices declined sharply. Investors are concerned about potential trade tensions and their impact on the global economy. This move signals a more aggressive trade stance, potentially reshaping U.S. trade relationships in the near future.
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