"You will be taxed the same as us," Trump signs reciprocal tariff memorandum

US President Donald Trump has signed a memorandum activating reciprocal tariffs and has asked his trade advisers to calculate all taxes that other countries impose on the United States.

This decision, which concerns the review of international trade policies, could have a major impact on the current trading system and could trigger a review of global trade relations.

In his statement from the Oval Office, Trump emphasized that the new policy aims to correct what he calls an injustice in trade relations with many countries.

"Any country that imposes tariffs on the United States will receive an equal tariff in return. No more, no less," the 78-year-old said, emphasizing that imposing such tariffs is a way to protect American industry and the employment of US citizens.

He also added that this is a simple and clear process to implement, writes CNN.

"It's very simple. Nobody knows exactly what the number is. If you take every country and look at how much they're taxing us, in most cases they're charging us a lot more than we're charging them. Those days are over now," the American leader said, criticizing previous trade policies that he believes have harmed US economic interests.

This move comes at a time when global trade relations have been fraught with tension and uncertainty, including ongoing trade wars with major countries such as China, the European Union and Canada.

Economic analysts have predicted that the activation of reciprocal tariffs could bring another wave of tensions in international trade, raising the possibility of an escalating cycle of tariffs and counter-tariffs.

Trump has also asked his administration to review existing trade agreements and ensure that they better reflect U.S. interests. This memorandum could serve as an opportunity to push for a broad reform of U.S. trade policies, with the aim of ensuring a more fair and favorable balance for the American economy. /Telegraph/