The White House has reaffirmed its plan to impose “big tariffs” on April 2, as President Donald Trump prepares to unveil reciprocal levies in a significant escalation of his trade war.
Press Secretary Karoline Leavitt confirmed on Thursday, March 20, that Trump remains committed to the date, despite earlier comments from Treasury Secretary Scott Bessent suggesting that Washington might first present countries with an assessment of their tariff and trade barriers.
Leavitt emphasized that there will be “big announcements when it comes to reciprocal trade,” stating that the president will highlight “the unfair trade practices” that have led to America being “ripped off by every country around the world, quite frankly.”
Trump’s plan, which targets both US allies and competitors, is expected to introduce tariffs to counter what he considers unfair trade policies. However, the specifics of these measures have yet to be disclosed.
Bessent had previously told Fox Business that on April 2, “each country will receive a number that we believe represents their tariffs,” adding that Washington would approach nations with details on “tariff levels, non-tariff barriers, currency manipulation, unfair funding, and labour suppression.”
He suggested that if countries alter their trade practices, the tariffs might not be implemented. “We will not put up the tariff wall” if adjustments are made, he said.
Bessent also indicated that some duties might not take effect immediately if negotiations are pre-arranged or if countries seek swift discussions with Washington.
Source: Linda Ikeji Blog
