US President Donald Trump is likely to dust off a 1930 trade law, largely forgotten for decades, to back his new reciprocal tariffs that will match other countries’ higher import taxes, trade and legal experts say.

President Donald Trump’s desire to get even on countries by matching tariffs they have on American goods could come at a steep cost.

U.S. President Donald Trump's administration will announce reciprocal tariffs on every country that charges duties on U.S. imports by Thursday, the White House said, a move that will ratchet up fears of a widening global trade war and threaten to accelerate U.