Trump says he will sign reciprocal tariffs order soon, as trade war fears mount


FILE PHOTO: Welding robots work on a Volkswagen production line for the Golf VIII and Tiguan cars at the VW headquarters in Wolfsburg, Germany May 23, 2024. REUTERS/Fabian Bimmer/File Photo

WASHINGTON (Reuters) -U.S. President Donald Trump said he would impose reciprocal tariffs as soon as Wednesday evening on every country that charges duties on U.S. imports, in a move that ratchets up fears of a widening global trade war and threatens to accelerate U.S. inflation.

"I may do it later on or I may do it tomorrow morning, but we'll be signing reciprocal tariffs," Trump told reporters at the White House.

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