Reciprocal Tariffs
Tariffs set to match, or "mirror", the tariffs and trade barriers another country imposes.
In plain English
Tariffs set to match, or "mirror", the tariffs and trade barriers another country imposes.
Reciprocal tariffs are the "you charge me, I charge you" approach to trade. If country A taxes country B's cars at 20%, B slaps a matching 20% on A's goods. The stated aim is fairness and pressuring the other side to lower its barriers.
The US made reciprocal tariffs the centrepiece of its trade policy in 2025, rattling markets around the world. They can quickly morph into a trade war, as each side raises the stakes.
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