A reciprocal tariff is a tax or trade limit that one country imposes on another as a reaction to similar measures from that country. The purpose of reciprocal tariffs is to maintain fairness in trade ...
Section 1. Background. In Executive Order 14257 of April 2, 2025 (Regulating Imports With a Reciprocal Tariff To Rectify Trade Practices That Contribute to Large and Persistent Annual United States ...