- President Donald Trump presses his staff to take a more difficult fare position As part of the US -US Effortance Efforts, Sources said Washington Post. This may include a versatile tariff that gets into most imports without considering the country of origin. The discussions were heard directly by April 2, which Trump acted as “Liberation Day” when his next party of tariffs would be opened.
As part of the efforts to fundamentally transform the US economy, President Donald Trump pushes his employees to even more aggressive at tariffs, Sources said Washington Post.
This may include a universal tariff that gets into most importers, regardless of which country they are made, according to the report, adding that Trump views a single duty as less likelihood of watering.
On the eve of April 2, intensive discussions continue, which Trump acted as “Liberation Day” when his next party of tariffs is opened.
So far, Finance Minister Scott’s Dirty 15 on Tariffs for 15% of the Countries believed that the worst trading partners are regarded as the most likely result, in accordance with Pillar.
“There are still many options on the table. They look at everything and try to make the idea of mutual tariff as it is clear to the US public and effective,” said Trump’s Secretary of Trade during his first term Pillar. “They fully study every alternative in the hope that they will come to the best solution.”
The White House did not immediately respond to a comment request.
Trump has already hit the tariffs for China, Canada, Mexico, STEX, aluminum and car, threatening the duties on pharmaceuticals, chips, lumber and the European Union.
He said mutual tariffs would come out on April 2 but He suggested that he would show some “flexibility”. And before reports in which it is said that will be more focused The hopes for Wall -Strit that their impact will be less serious.
But after the stock rallies, its An announcement of author’s On Wednesday, they contributed to another sale, which was also fueled by the signs that tariffs worsen inflation and expectations of consumers from future inflation.
Chicago President, President Oston Goulsby, recently warned this Inflation expectations can become a self -realized prophecyAnd said President Susan Collins in Boston Susan Collins Inflation caused by the tariff, “looks inevitable”, Adding that he suspects the Central Bank would be stable.
After the last political meeting this month, the Fed officials reduced their economic growth forecasts and increased inflation assessment, raising the ghost of “stagflation”.
Meanwhile, Consumer and business polls Show that they are becoming more gloomy about the economy amid tariff uncertainty and mass federal layoffs. Even the executives in deep-red states What he voted for Trump says that business conditions are being destroyed.
And Economists were hiking the chances of recessionWith some even saw 50-50 chances of recession.
Previously, Fitch Ratings estimated that if Trump holds all his plans, an effective tariff rate in the US can reach 18% on average – the highest level in 90 years.
Trump acknowledged Americans will feel “pain” From their tariffs, but to be needed to revive the US production and balance to more favorable conditions.
While several companies have promised to create more factories in the US, Wall -Rate warned that the tariffs for the need to rearrange the car sector that closely integrated the supply networks across Canada and Mexico Create chaos.
However, the White House stated that Trump’s administration seeks to provide its vision to restore the US industrial base.
‘America may not be just a foreign detail collector must become a production power plant that dominates every stage of the supply chain that has decisive Wealth.
Originally this story was presented on Fortune.com
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2025-03-29 17:30:00
Jason Ma
