Washington, Feb. 8 -- US President Donald Trump has said that he would announce reciprocal tariffs next week that match the duties announced by other nations, Politico reported.

Addressing a press briefing with Japanese Prime Minister Shigeru Ishiba on Friday, Trump said, "I'll be announcing that next week, reciprocal trade, so that we're treated evenly with other countries." He said, "We don't want any more, any less."

Previously, Trump had threatened to slap 10 per cent or 20 per cent universal tariff and asked his administration with reviewing that possibility as part of a broader trade review due by April 1.

Trump, who announced that the tariffs would be applicable to every nation, added that the announcement would likely be made o...