Reciprocal tariffs will apply to all countries, President Trump announced

 


President Donald Trump has stated that the reciprocal tariffs he plans to announce this week will apply to all countries, not just the 10 or 15 with the largest trade imbalances.

Trump declared Wednesday "Liberation Day" and plans to unveil a massive tariff plan that day. In addition to raising tariffs on all Chinese goods, he has already imposed tariffs on steel, aluminum, and automobiles, NBC News reported.

"We would start with every country," he told reporters aboard Air Force One. "Basically, every country we're talking about."

Although he did not name them, White House economic adviser Kevin Hassett recently told Fox Business that the administration would impose tariffs on 10 to 15 countries with the largest trade imbalances.

Previous Post Next Post