11
Sep
Chamwe Kaira US President Donald Trump has directed changes to annex II of the tariff schedule, expanding and modifying the scope of goods covered under the reciprocal tariff system, the White House announced. On 5 September, Trump signed an executive order that broadens US trade tariffs under his ‘reciprocal tariff’ regime. The move is part of his effort to rebalance America’s trade relationships. According to the White House, reciprocity remains the core principle. Trump has argued that US partners maintain lower tariffs on American goods while enjoying easier access to US markets. Under the new system, the US will impose…