Trump says U.S. will unveil ‘reciprocal tax’ with other countries


WASHINGTON (Reuters) – U.S. President Donald Trump stated on Monday he would promote a “mutual tax” versus nations that impose tariffs versus American items, consisting of countries that are allied with the United States.

” We are going to charge nations beyond our nation, nations that benefit from the United States– a few of them are so-called allies however they’re not allies on trade,” Trump informed press reporters at the White Home.

” We’re going to be doing quite a mutual tax and you’ll be finding out about that throughout the week and throughout the coming months,” he stated.

Reporting by David Shepardson; Composing by Makini Brice

Our Standards: The Thomson Reuters Trust Concepts.

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