Trump: ‘I may give a lot of countries breaks’ on reciprocal tariffs
- U.S. President Donald Trump stated he 'may give a lot of countries breaks' from the reciprocal tariffs set for foreign trade starting next week.
- Reports indicate that the planned global matching of tariffs may be limited and exclude some countries and sectors, according to Bloomberg and The Wall Street Journal.
- Trump emphasized that the tariffs expected on April 2 would raise 'rather astronomical' amounts of money for the U.S.
- The administration may narrow the focus of the reciprocal tariff announcement to countries with significant trade surpluses and high trade barriers, as noted by senior Trump officials.
75 Articles
75 Articles
[Washington = Yasoshima Ayahei] There is a possibility that US President Trump will narrow down the targets of his signature policy, "reciprocal tariffs." The targets are expected to be the so-called "Dirty 15," countries and regions with high tariffs and non-tariff barriers. It appears that the focus will be on countries and regions with large trade deficits, such as the European Union (EU), Canada, and Mexico, and there is a high possibility t…
The national currency began the week with an appreciation of 0.60 percent, or 12.2 cents, listing around 20.12 pesos per dollar, with the exchange rate reaching a maximum of 20.25 and a minimum of 20.10 pesos per dollar in the international Forex market. Gabriela Siller Pagaza, director of economic analysis at Grupo Financiero Base, attributed the appreciation of the weight to the market speculation that Donald Trump will not be so severe in the…
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