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White House Narrows April 2 Tariffs

  • The Trump administration plans to exclude sector-specific tariffs while applying reciprocal levies on April 2, according to Bloomberg News and the Wall Street Journal.
  • The White House will focus on applying tariffs to about 15 percent of countries with trade imbalances, known as the 'dirty 15'.
  • Sector-Specific tariffs are likely not to be announced on April 2, as mentioned by Bloomberg News.
  • Leaders of Canada and Mexico were informed that reciprocal tariffs could not be avoided before April 2, but their future status is now uncertain, reported the Wall Street Journal.
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Labels & Labeling broke the news in on Sunday, March 23, 2025.
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