Donald Trump announces 'reciprocal tariffs'

The US President has announced a 20% tariff on imports from the European Union while foreign-made vehicles face a 25% levy.

Donald Trump said the 20% figure is about half of the EU levy on US goods.
He also confirmed a 10% tariff on the UK.

President Trump said the implementation of "reciprocal" - or retaliatory - "tariffs on countries" worldwide is a "declaration of economic independence".

"Reciprocal that means: they do it to us, and we do it to them," he said at the White House.

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