Trump to impose reciprocal tariffs as planned on Wednesday

U.S. President Donald Trump is due to announce reciprocal tariffs on Wednesday in an effort to slash his country's global trade deficit, the White House said, adding the levies may go into effect immediately."The lack of reciprocity contributes to our large and persistent annual trade deficit that's gutted our industries and hollowed out key workforces," White House spokeswoman Karoline Leavitt said at a press briefing on Tuesday. "But those days of America, beginning tomorrow, being ripped off are over."Leavitt also confirmed that an additional 25 percent tariff on all cars made outside of…READ FULL ARTICLE