Trump Announces Reciprocal Tariffs, Declaring “Economic Independence” for America

In a bold move today, President Donald Trump unveiled a new policy to impose reciprocal tariffs on countries around the world, calling it a historic step toward reclaiming America’s economic power. “I believe this marks one of the most significant moments in American history.

It’s our proclamation of economic sovereignty,” Trump declared during his announcement.

The policy aims to level the playing field by targeting nations that impose tariffs on U.S. goods, matching their rates to encourage fairer trade. Trump emphasized that the plan would revitalize American industry, stating, “We’re going to turbocharge our homegrown industrial foundation, unlock access to overseas markets, dismantle foreign trade walls, and in the end, boosting production here will spark fiercer competition and drive down costs for consumers.”

He framed the decision as a long-overdue correction to decades of exploitation, asserting, “For over half a century, our nation and its taxpayers have been taken advantage of. That ends now. It’s finished.” Supporters see the move as a way to strengthen domestic manufacturing, while critics warn it could spark trade disputes and raise prices in the short term.