EO 14257 Apr 2, 2025 TIER 1INSTANT KILL

Regulating Imports With a Reciprocal Tariff To Rectify Trade Practices That Contribute to Large and Persistent Annual United States Goods Trade Deficits

Theater score 0/100

Detector flags: none; the theater here is self-evident or absent.

Immediate Impact

Imposes reciprocal tariffs on nearly every trading partner at once, calculated by a formula economists spent a week reverse-engineering.

The largest tariff action in decades is, mechanically, one signature to undo. The market reaction priced that in both directions.