‘We’ll be signing reciprocal tariffs’, says Trump

US President Donald Trump said he would soon impose reciprocal tariffs on every country that charges duties on US imports, in a move that ratchets up fears of a widening global trade war and threatens to accelerate US inflation. “I may do it later on or I may do it tomorrow [Thursday] morning, but we’ll be signing reciprocal tariffs,” Mr Trump told reporters at the White House yesterday. Mr Trump’s latest round of market-rattling tariffs comes as Indian Prime Minister Narendra Modi is due to visit the White House today. The Trump administration has complained that India has high tariffs…