What is President Trump's new reciprocal tariff policy and which countries will be most affected by it?

President Trump's new trade policy introduces a reciprocal tariff system that targets trading partners engaging in practices that disadvantage the United States. This includes imposing tariffs on countries that levy tariffs on U.S. goods, tax American businesses and workers, provide subsidies to their domestic industries, or manipulate their currencies. Under this policy, reciprocal tariff levels specific to each country will be calculated and delivered to the president by April. The countries expected to face the most significant impact include India, South Korea, Brazil, and the European Union, as they are considered major trading partners with practices deemed unfavorable to U.S. interests. However, this policy comes with consequences for American consumers, who are the world's largest purchasers of foreign goods and will likely experience rising prices as a result of these new tariffs.