On April 1st, White House Press Secretary Levitt confirmed that President Trump will unveil his new reciprocal tariff policy during an event in the White House Rose Garden scheduled for Wednesday. According to Levitt, the forthcoming address will primarily emphasize nation-based tariffs, although there are indications that industry-specific tariffs will also be discussed at a later date. The presence of Trump’s cabinet members at the announcement underscores the administration’s commitment to reshaping trade dynamics.
Levitt articulated that the impending tariff plan aims to rectify years of unfair trade practices that have negatively impacted the U.S economy. He stated, “Now is the time for reciprocity,” indicating that the President’s initiative is designed to forge significant changes in trade policy, ultimately benefitting the American populace. This announcement aligns with ongoing discussions surrounding the importance of fair mechanisms in international trade relations.
Source: https://en.coinotag.com/breakingnews/trumps-upcoming-tariff-policy-announcement-a-focus-on-nation-based-tariffs-at-the-white-house/