The proposal calls for reciprocity in trade relations.
Grownups know that little things matter … and that relationships are based on respect and reciprocity. —Margaret Carlson, Time, 4 June 2001
Introduced in the McKinley Tariff of 1890, reciprocity gave the president authority to remove items from the free list if their countries of origin placed unreasonable tariffs on American goods. —Mary Beth Norton et al., A People and a Nation, 1988
Indeed when they talked on an indifferent subject, as now, there was ever a second silent conversation passing between their emotions, so perfect was the reciprocity between them. —Thomas Hardy, Jude the Obscure, 1895
In international trade, the granting of mutual concessions on tariffs, quotas, or other commercial restrictions. Reciprocity implies that these concessions are neither intended nor expected to be generalized to other countries with which the contracting parties have commercial treaties. Reciprocity agreements may be made between individual countries or groups of countries. Membership in the World Trade Organization to some extent precludes the signing of reciprocity treaties because WTO nations are obliged to grant most-favored-nation treatment to all other members.