Analysts: Overhauling tariff schedules in search of ‘reciprocity’ a major undertaking

The Trump administration will face huge challenges if it decides to rework U.S. tariff schedules to accommodate the president’s push for “reciprocal” duties, analysts tell Inside U.S. Trade . In a Feb. 13 memorandum , President Trump directed Commerce Secretary Howard Lutnick and U.S. Trade Representative Jamieson Greer to examine foreign tariff and non-tariff barriers that could result in reciprocal duties. Trump on Tuesday told a joint session of Congress that on April 2, “reciprocal tariffs kick in and whatever...