Reciprocal tariffs

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    Reciprocal tariffs are trade measures imposed to level the playing field between countries that have unequal trade terms. They are designed to counteract trade deficits and non-tariff barriers by mirroring the restrictions or costs imposed by a trading partner. The U.S. Trade Representative (USTR) applies a calculated formula to set these tariffs, aiming to promote fairer, more balanced trade with foreign partners.