President Donald Trump could announce his most sweeping tariffs yet Wednesday, unveiling reciprocal tariffs that Trump argues would level the playing field for the U.S. in global trade and would instantly become the hallmark economic policy of his nascent second term, though economists project they would increase inflation this year.

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

President Donald Trump has ordered a 25% import tax on all steel and aluminium entering the US in a major expansion of existing trade barriers. The tariffs, which will increase the costs of importing the metals into the US,

President Donald Trump signed an order Monday to impose a 25% tariff on all steel and aluminum imports to the United States.

Trump announced 25% tariffs on steel and aluminum imports to protect American industries and gain foreign leverage, despite warnings of increased consumer costs.

President Donald Trump has said he will announce a 25% import tax on all steel and aluminium entering the US, a move that will have the biggest impact in Canada. Trump also said that there would be an announcement later in the week about reciprocal tariffs on all countries that tax imports from the US,