Reciprocal Tariffs Memorandum on Trade Policy
On February 13, 2025, President Trump signed Memorandum 2025-02872 directing the implementation of reciprocal tariffs based on countries' tariff rates against U.S. goods. The memorandum instructs the U.S. Trade Representative to analyze tariff structures and recommend reciprocal duty rates. Americans importing goods, purchasing foreign products, and consumers face potential price increases pending tariff implementation details.