Trump readies matching tariffs on trade partners, possibly setting up a major economic showdown

News Snapshot:

WASHINGTON (AP) — President Donald Trump is taking additional action to upset the world trade system, with plans to sign an order this week that would require that U.S. tariffs on imports match the tax rates charged by other countries. “It’s time to be reciprocal,” Trump told reporters earlier this week. “You’ll be hearing that word a lot. Reciprocal. If they charge us, we charge them.” The president had suggested that the order would come on Tuesday or Wednesday. But when Tuesday passed without the tariffs being officially announced, Trump was not specific on his timing, telling reporters Wednesday afternoon:...