President Donald Trump’s plans to apply reciprocal tariffs are nearing completion, with his staff still finalising the scale and extent of the additional charges he is expected to announce on Wednesday afternoon.
Trump’s staff continued to debate their choices in meetings on Tuesday, ahead of a Rose Garden ceremony scheduled to begin after US markets close at 4 p.m. on Wednesday, according to sources familiar with the ongoing discussions. According to these sources, who spoke on condition of anonymity, the White House has not made a clear decision on its tariff strategy, despite Trump’s previous statement that he had “settled” on an approach.
Numerous options are reportedly being considered, such as a more individualised reciprocal scheme and a tiered tariff structure with a set of flat tariffs for different nations.
Content retrieved from: https://www.firstpost.com/world/trumps-tariff-plans-not-finalised-yet-team-still-debating-size-of-new-levies-13876487.html.
