Feb. 13, 6:46 a.m. EST Trump said on Truth Social his announcement on reciprocal tariffs —the U.S. imposing the same taxes on other countries’ imports as they impose on U.S. goods—is imminent, announcing a press conference at 1 p.m. EST and writing, “THREE GREAT WEEKS, PERHAPS THE BEST EVER, BUT TODAY IS THE BIG ONE: RECIPROCAL TARIFFS!!!”

Trump's all-caps post on Truth Social announcing the presser offered no details about the plan for new tariffs.

The European Union hopes to avert a damaging trade war with the U.S. over impending metals tariffs by prioritising negotiations rather than retaliatory countermeasures, EU officials signalled on Wednesday.

U.S. President Donald Trump said he plans to unveil reciprocal tariffs on Thursday but gave no other details. "Today is the big one: reciprocal tariffs," Trump wrote on his social media platform. Copyright 2025 Thomson Reuters.

President Donald Trump’s desire to get even on countries by matching tariffs they have on American goods could come at a steep cost.

Britain will seek exemptions on Donald Trump’s sweeping steel tariffs, the Business Secretary has indicated, saying the UK is in a strong position to secure leniency from the US.