Trump says he will announce reciprocal tariffs on many countries next week

Reuters

2025/02/08

Feb 7 (Reuters) - U.S. President Donald Trump on Friday said he will announce reciprocal tariffs on many countries next week.

Speaking at the White House alongside Japanese Prime Minister Shigeru Ishiba, Trump said the two leaders will also discuss U.S. Steel.

A $14.9 billion bid for U.S. Steel by Nippon Steel was blocked last month by former President Joe Biden.

(Reporting by Steve Holland and Ryan Patrick Jones; Editing by Caitlin Webber)

((ryan.jones@thomsonreuters.com;))

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