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What are Trump's reciprocal tariffs and who may be hit?

US President Donald Trump speaks in the Oval Office of the White House as he announces reciprocal tariffs, in Washington, DC, on February 13, 2025. [AFP]

President Donald Trump's plan for "reciprocal tariffs" on US trading partners are set to spark a flurry of negotiations that could bring reductions in levies -- but analysts warn that it also risks painful retaliation.

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