politics

Wall Street Journal on “What We Know About Trump’s Reciprocal Tariffs”
	•	Peter Navarro, Trump’s senior trade advisor, is one of the main advocates of this idea in the White House.
	•	Trump’s team is working this week on implementing reciprocal tariffs through an executive order, bypassing Congress.
	•	The plan may also target non-tariff barriers, such as foreign subsidies, taxes, and regulations.
	•	Japan, the European Union, and China could face higher U.S. tariffs under this policy.

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