WASHINGTON, Feb. 13 (Xinhua) -- U.S. President Donald Trump on Thursday signed a memorandum directing his administration to determine "the equivalent of a reciprocal tariff with respect to each foreign trading partner."
"I have decided for purposes of fairness, that I will charge a reciprocal tariff - meaning whatever countries charge the United States of America, we will charge them no more, no less. In other words, they charge us a tax or tariff and we charge them the exact same tax or tariff. Very simple," Trump said at the White House.
