White House announces plan for reciprocal tariffs

President Donald J. Trump signed a presidential memorandum on Thursday announcing the “Fair and Reciprocal Plan” for trade. This would eventually see the levying of reciprocal tariffs on trading partners after a trade analysis for each country is conducted.

While no action will be taken immediately, the US will begin to assess its trading relationships with partners around the world. A plan with suggested remedies will then be submitted to the president.

Ethan Bernard

Ethan Bernard is managing editor for Steel Market Update. He previously worked for American Metal Market as a copy editor in the New York office for two years, starting in 2008. Later, he copy edited AMM’s monthly magazine on a freelance basis from 2015 until 2017. With experience in financial copywriting and textbook publishing, he holds a BA in Comparative Literature from UC Berkeley, and an MFA in Creative Writing from New York University. He can be reached at ethan@steelmarketupdate.com or 724-759-7871.

Ethan Bernard

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