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Live: Trump says reciprocal tariffs are coming Thursday, days after new duties on aluminum, steel

Feb 13, 2025
Once upon a time, President Trump decided to change how the United States does business with other countries. This is called trade. He likes to use something called tariffs, which are extra charges on imported goods. Recently, he announced that there would be a 25% tariff on steel and aluminum coming into the U.S. from all around the world! But wait! Trump also said he would make special tariffs on certain countries soon. This made people worried because tariffs can make prices go up, and this affects how much money people have to spend. Prices might go higher, and that could make it harder for people to buy things they need. Many countries were paying attention. Countries like Canada and Mexico, who usually send a lot of steel and aluminum to the U.S., were especially concerned. Their leaders said they didn’t like the new rules. They were worried that the U.S. would not be friendly to them anymore. People in charge, like CEOs of big companies, were nervous too. They weren’t sure how all this would impact their businesses. Some said it could create chaos and cost a lot of money. In another part of the world, India was waiting to see how this would all play out because their leader was visiting the White House soon. India's prime minister wanted to talk about trade, too. As all this trade talk continued, Trump would have to decide what to do next. Would he keep pushing these tariffs, or would he change his mind? Only time will tell! This is a big adventure in the world of trading goods. Everyone was looking to the future and hoping for the best, while also getting ready for whatever might happen next. And just like a game, everyone is figuring out their next moves!

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