US EditionTrump: ‘I may give a lot of countries breaks’ on reciprocal tariffs
- South Korean export industries requested government action to minimize the impact of upcoming U.S. Reciprocal tariffs and protect domestic markets from unfair trade practices, according to officials from major export companies in a meeting with Trade Minister Cheong In-kyo.
- Trade Minister Cheong In-kyo stated that the government is engaging in active negotiations with the U.S. To minimize tariff impacts and will take strong actions against unfair trade attempts.
- U.S. President Donald Trump indicated he might charge lower tariffs on some countries, stating that the purpose is to incentivize them to lower barriers against U.S. Exports.
- Trump referred to April 2 as 'Liberation Day' for tariffs, indicating flexibility in the upcoming tariff plan.
72 Articles
72 Articles
US targets Japan and EU with "Dirty 15" reciprocal tariffs
[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…
Trump auto tariffs are coming, but not all levies will be imposed April 2, sending stocks higher
WASHINGTON - US President Donald Trump said on Monday automobile tariffs are coming soon even as he indicated that not all of his threatened levies would be imposed on April 2 and some countries may get breaks, a move Wall Street took as a sign of flexibility on a matter that has roiled markets for weeks.
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