President Donald Trump has said the United States, over the years, has been treated unfairly by other countries, both friends and foes.
Papers News reports that President Trump said to ensure fairness, his administration would be implementing reciprocal tariffs to address injustice to America’s businesses by other nations.
In a statement on his 𝕏 handle, Trump stated that the new tariff increase would target countries that use Value Added Tax (VAT) and what he described as nonmonetary trade barriers against US goods.