Trump Confirms April 2 Reciprocal Tariffs Amid Rising Trade Tensions

U.S. President Donald Trump has reaffirmed that the United States will impose reciprocal and sectoral tariffs starting April 2, targeting key trading partners such as China, India, and the European Union.

Speaking to reporters aboard Air Force One, Trump ruled out any exemptions on steel and aluminum tariffs, reinforcing his administration’s commitment to enforcing stricter trade measures.

Tariffs Designed to Address Trade Imbalances

These reciprocal tariffs aim to counter trade imbalances by imposing duties equivalent to those levied on U.S. exports by other nations. The move is part of Trump’s broader effort to establish a fairer global trade system.

During his March 5 address to Congress, Trump criticised several nations, including China, Brazil, India, and the European Union, for imposing higher tariffs on American exports, calling the current trade framework unfair and damaging to U.S. industries.

Growing Global Concerns Over Trade War Escalation

The announcement has heightened global concerns about escalating trade tensions and potential retaliatory tariffs from affected countries. As the April 2 deadline approaches, international markets and economic analysts are closely watching for further developments that could impact global trade dynamics.

With reciprocal tariffs set to take effect, the coming weeks will be critical in shaping U.S. trade relations with major global partners.