What is President Trump's recent order regarding tariffs and when might they be implemented?

President Trump has ordered his administration to investigate imposing reciprocal tariffs on all U.S. trading partners. According to Commerce Secretary nominee Howard Lutnick, a comprehensive country-by-country study will be completed by April 1st, after which the President would implement the final tariff decisions. This move comes at a challenging time as inflation is once again heating up in the economy, which increases the stakes for Trump's trade strategy. The administration appears to be positioning these tariffs as a way to 'even the score' with other countries, though the timing raises questions about potential economic impacts amid rising inflation.