Trump unveils global reciprocal tariffs

(Reuters) -President Donald Trump on Wednesday unveiled global reciprocal tariffs during an event at the White House. Following are highlights of Trump’s remarks: * “In many cases, the friend is worse than the foe in terms of trade,” Trump said. * “We subsidize a lot of countries and keep them going and keep them in business,” Trump said about trade partners, specifically Mexico and Canada. “Why are we doing this? I mean, at what point do we say you got to work for yourselves.” * “We are finally putting American first,” Trump said. * “Trade deficits are no longer merely…