Trump Plans Sweeping Tariffs With “Lenient” Reciprocal Levies on All Nations Starting April 2

Donald Trump, the former President of the United States, addressed the press regarding his plans to implement stringent tariffs on foreign cars and stated that there will be reciprocal levies imposed on every nation which will be lower than previously estimated.  

"We will ensure all countries are included in this plan, including the less impactful ones. I believe many people will be greatly mistaken as it will often be lower than what has been charged for decades," Trump stated while talking to the press from the Oval Office.  

The ex-president used to charge the country with levies that met screeching surprise and expressed empathy towards his nation by stating, "We under no circumstances receive gentle treatment from other nations; we shall respond gently, and I believe people will be astonished."  

Trump had reported the 25% tariff on cars with foreign registration will take effect on April 2, when he stated his further plans on the issue.  

When inquired if Trump would declare a charge on semiconductor chips and prescription drugs in that particular timeframe, Trump stated “Not at that point, however, we will charge on planks.”  

The ex-president shared with the journalists the motive of his proposal concerning the US car imports and emphasized them being essential elements in an alien plan to redefine the car's relations with international partners.

Next Wednesday, Trump plans to make a major tariff announcement that he referred to as a “Liberation Day” from trading partners who he claims have been “ripping off” the U.S. For now, he remains vague on the specifics of how such import duties would work in terms of size, scope, and execution.

During an interview on Tuesday, Trump stated that he does not want “too many exceptions” within the reciprocal tariffs, which implies that nations may be able to negotiate some form of respite for their goods, but not much.

Regardless, the president’s strategy towards imposing tariffs has been erratic, with delays in execution or complete reversal accompanied by different statements made at different times.

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