President Donald Trump said he will announce his most sweeping economic measure yet Thursday, reciprocal tariffs that Trump argues would level the playing field for the U.S. in global trade and would instantly become the hallmark economic policy of his nascent second term, though economists project they would increase inflation this year.

President Donald Trump on Monday imposed a 25% tariff on all steel and aluminum imports into the United States with no exceptions or exemptions.

U.S. President Donald Trump signed an order that would impose 25% tariffs on steel and aluminum imports. Perhaps unsurprisingly, the biggest winner of the trade tariffs is likely to be the U.S. "At the start,