President Trump ordered reciprocal tariffs placed on countries found to treat US imports unfairly — with the European Union, India and Japan among the targets. Thursday’s order requires the Office of the US Trade Representative and Commerce Secretary-designate Howard Lutnick to rapidly draft recommendations — with the Office of Management and Budget due to submit a fiscal-impact report within 180 days,

President Trump orders new reciprocal tariffs, aiming to overhaul global trade rules and pressure companies to manufacture in the US, sparking global tensions.

By Nandita Bose, Trevor Hunnicutt and David Brunnstrom WASHINGTON (Reuters) -India and the U.S. agreed on Thursday to start talks to clinch an early trade deal and resolve their standoff over tariffs as New Delhi promised to buy more U.