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RECIPROCAL TARIFFS A reciprocal tariff is a trade measure under which a country imposes tariffs on imports from another country at the same rate that the latter applies to its exports. The primary objective of adopting reciprocal tariffs is to establish parity in trade relations by matching the tariff rates imposed on its own exports. Explore how U.S. reciprocal tariffs under Donald Trump are reshaping global trade, impacting Asian economies, and creating strategic challenges and opportunities for India. Understand economic, ethical, and policy implications with actionable insights. What are reciprocal tariffs and why do they matter in 2025? Learn how Trump’s new tariff plan could reshape global trade, impact prices, and pressure other countries to change their trade rules. The US Supreme Court will decide if President Trump exceeded powers under the IEEPA in imposing reciprocal tariffs . The case could impact trade deals with India, the EU, Japan, and others, affecting global trade dynamics.