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Trump: ‘I may give a lot of countries breaks’ on reciprocal tariffs

  • U.S. President Donald Trump stated he 'may give a lot of countries breaks' from the reciprocal tariffs set for foreign trade starting next week.
  • Reports indicate that the planned global matching of tariffs may be limited and exclude some countries and sectors, according to Bloomberg and The Wall Street Journal.
  • Trump emphasized that the tariffs expected on April 2 would raise 'rather astronomical' amounts of money for the U.S.
  • The administration may narrow the focus of the reciprocal tariff announcement to countries with significant trade surpluses and high trade barriers, as noted by senior Trump officials.
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  • 48% of the sources are Center
48% Center
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Forbes broke the news in United States on Monday, March 24, 2025.
Sources are mostly out of United States (14)

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