WASHINGTON, Feb 13 (Reuters) - U.S. President Donald Trump has tasked his economics team with devising plans for reciprocal tariffs on every country that taxes U.S. imports, raising the risk of a ...

The current animosity bears many similarities to an earlier episode in U.S. history — the Tariff Act of 1930 — which triggered an all-out trade war and exacerbated the Great Depression ...

Later, tariffs were largely used to restrict imports or as a bargaining chip to reduce trade barriers ... In fact, the Tariff Act of 1789 was among the first bills ever passed by Congress.