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President Trump says US 'reciprocal tariffs' to be announced Thursday
President Trump says US 'reciprocal tariffs' to be announced Thursday

US President Donald Trump said that he would announce "reciprocal tariffs" on trading partners Thursday, opening new fronts in a trade war economists warn could fuel inflation at home. But economists warn that his broad-ranging tariffs on US imports would likely boost inflation, not reduce it, in the near term and could weigh on growth eventually.