Trump reciprocal tariffs news conference set for 1 p.m.

President Donald Trump is set to announce reciprocal tariffs on other countries during an Oval Office news conference on Thursday at 1 p.m. ET, with details remaining unclear. The tariffs will not take effect until later, following previous duties on China, Canada, Mexico, steel, and aluminum. Trump has expressed intentions to impose tariffs on all countries with import duties on the U.S., including the European Union, sparking concerns of a potential trade war.

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