<h1>Trump Plans Reciprocal Tariffs to Match Import Rates, Aims to Boost Jobs Amid Potential Global Trade War</h1> President Donald Trump announced plans to sign an order imposing reciprocal tariffs on US trading partners, matching the rates other countries charge on imports. This move, intended to boost domestic factory jobs, is expected to increase inflation and could lead to a global trade war. Trump has already imposed additional tariffs on Chinese imports due to their role in opioid production and has plans for tariffs on Canada and Mexico. The European Union, Canada, Mexico, and China are preparing retaliatory measures. The specifics of what 'reciprocal' entails remain unclear.