Reciprocity... or whatever Trump says it is

Reciprocal Trade and Tariffs – Memorandum, The White House, February 13, 2025
Trump begins the process of imposing reciprocal tariffs on potentially all US trading partners.
HF sponsored access What is Donald Trump’s ‘reciprocal’ tariff plan? – Financial Times, February 14, 2025
The Financial Times compiles key points relating to Trump’s reciprocal tariff proposal.
Donald Trump Wants Reciprocity in Trade: Here’s a Closer Look – Edward Alden and Jennifer Hillman, Council on Foreign Relations, February 14, 2025
Alden and Hillman describe the US’s historical experience with reciprocity, and why the approach was abandoned in favor of the MFN principle.
Most Favoured Nation Is Dead – Sam Lowe, Most Favoured Nation, February 17, 2025
Lowe illustrates how Trump’s imposition of reciprocal tariffs could break the MFN principle globally.
Attracting the Ire of the Next US Administration: A Red Flag Analysis based on recent policy & market outcomes – Simon Evenett, Global Trade Alert, November 5, 2024
Evenett estimates which trading partners will draw the most scrutiny in applying reciprocal tariffs.
‘Reciprocal’ Tariffs Make No Sense – Douglas Irwin Op-Ed, The Wall Street Journal, February 13, 2025
Irwin argues that Trump’s reciprocal tariffs amount to outsourcing US tariff policy to other countries.
HF sponsored access Trump’s risible ‘reciprocal’ tariffs – Alan Beattie, Financial Times, February 17, 2025
Beattie argues that "reciprocity" is only what Trump says it is.

For more coverage on reciprocal tariffs and trade from the Hinrich Foundation, read What we know about Trump’s reciprocal tariffs – and what we don’t by Deborah Elms and Trump’s "reciprocal" tariffs took root in the WTO's failings by Mark Linscott.