Trump will slap 'reciprocal tax' on countries outside US - News Summed Up

Trump will slap 'reciprocal tax' on countries outside US


President Donald Trump said on Monday he would push for a 'reciprocal tax' against countries, including U.S. allies, that levy tariffs on American products, although aides asked for details said there was nothing formal being planned. Trump floated the 'reciprocal tax' in a meeting about infrastructure on a day his budget blueprint was released. President Donald Trump said on Monday he would push for a 'reciprocal tax' against countries, including U.S. allies, that levy tariffs on American products'We are going to charge countries outside of our country -- countries that take advantage of the United States,' Trump said. 'So we're going to be doing very much a reciprocal tax. 'A reciprocal tax, Wilbur.


Source: Daily Mail February 12, 2018 21:21 UTC



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