Trump to escalate global trade tensions with new reciprocal tariffs on US trading partners

The new duties are due to take effect immediately after Trump announces them, White House spokesperson Karoline Leavitt said on Tuesday, while a separate 25% global tariff on auto imports will take effect on April 3.

Trump for weeks has said his reciprocal tariff plans are a move to equalize generally lower U.S. tariff rates with those charged by other countries and counteract their non-tariff barriers that disadvantage U.S. exports. But the format of the duties was unclear amid reports that Trump was considering a 20% universal tariff.

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