This story was originally published by the WND News Center.

WASHINGTON — President Trump on Thursday ordered his team to research and investigate new tariffs.

"Whatever countries charge the United States of America, we will charge them," the president declared.

The newly assigned task force will take into account the taxes other nations charge on imports, and myriad factors that the president claims are not fair toward the United States.

Trump's directive to his advisers formally begins an investigation into what tariffs will be the most fair to the United States on a by-country basis. This process, expected to last until April, will ignite global negotiations as foreign nations seek to avoid unfavorable trade terms. The president signaled he's open to using these reciprocal tariffs as a starting point toward trade negotiations.

One such tariff negotiation has already proven effective. Reports over the last few days indicate that the European Union will lower taxes on U.S. auto imports to be even with its charges on exports.

"They were approximately five times higher, and they lowered them down to what we're paying," said Trump.

The White House estimated the tariffs could produce about $1 trillion in new revenue each year.

As dealmaker-in-chief, Trump is delivering on a campaign promise to correct areas where he says foreign nations have taken advantage of the U.S. economy. In the process, the president hopes that high tariffs will encourage companies to bring back manufacturing jobs to the United States. One of the manufacturing industries that the administration aims to bring back with these tariffs is the making of semiconductor chips, a key component in automobiles.

"Taiwan took our chip business away. And we want that business back," Trump said. "[Reciprocal tariffs are] going to bring chips back to our country."

One area where the president will likely need to negotiate is China. With the U.S. eyeing a purchase of TikTok, China may use economic leverage to get a favorable deal for the ByteDance-owned app and its proprietary algorithm. Trump indicated he's open to giving China and the U.S. companies interested in TikTok more time to come to a deal.