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Trade war looms as Trump readies reciprocal tariffs

Hindustan Times Noida

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February 13, 2025

Donald Trump's trade advisers were finalising plans on Wednesday for the reciprocal tariffs the US president has vowed to impose on every country that charges duties on US imports, ratcheting up fears of a widening global trade war and threatening to add to already-sticky US inflation.

WASHINGTON:

Separately, trade ministers of the 27-country European Union were due to meet by video conference to determine their response after European Commission President Ursula von der Leyen said tariff moves against the bloc "will not go unanswered".

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