Donald Trump's focus this week on reciprocal tariffs could upend US trading relationships around the globe. Some American allies — from Asia to South America — have high average tariffs in place and could be hit hard. But other nations could take note of Trump's pledge that "every country will be reciprocal" and point out they currently charge lower average duties on various goods than the US does. Perhaps, these countries could argue, any US tariffs applied to them should actually fall. These coming reciprocal tariff plans will now take center stage after Trump on Monday evening formalized 25% duties on steel and aluminum which are set to kick in on March 4. https://finance.yahoo.com/news/donald-trumps-reciprocal-tariff-plans-could-hit-some-us-allies-hard-090015875.html