Trump calls it unfair that some countries apply higher tariffs to specific American goods than the U.S. applies back. A new executive order seeks to change that.

President Donald Trump signed a memorandum Thursday laying the groundwork for implementing new tariffs on foreign countries with which the United States sees a negative trade balance. The White House had teased this specific tariff announcement for days,

The president said his advisers would devise new tariff levels reflecting countries’ tariffs, taxes, subsidies and other policies affecting trade with the United States.