White House Announces “Big Tariffs” Set to Take Effect on April 2 as Trade War Escalates
The White House confirmed on Thursday that President Donald Trump plans to unveil “big tariffs” on April 2 as part of a major escalation in his trade war with other countries. Press Secretary Karoline Leavitt emphasized that Trump’s intention to impose reciprocal tariffs remains firm, despite earlier comments suggesting potential delays.
Leavitt told reporters that Trump has been “very clear about his intention for April 2,” with the president set to announce significant measures aimed at addressing what the administration considers “unfair trade practices” by other countries. “There will be big tariffs that will be going into effect,” she added, highlighting the administration’s stance on how America has been negatively impacted by trade practices from nations around the world.
Treasury Secretary Scott Bessent had previously indicated that the US would present each country with an assessment of their tariff and other trade barriers. This information was expected to provide a basis for the reciprocal duties. Bessent mentioned that if countries adjust their trade practices or engage in negotiations, the tariffs may not be implemented.
The details of the tariffs, including the countries and industries affected, remain unclear as the deadline approaches. However, the announcement is expected to target both US allies and competitors, with a focus on addressing non-tariff barriers, currency manipulation, unfair labor practices, and other trade-related issues.
As the April 2 deadline nears, the world will be watching for further developments regarding the potential impacts of these measures on global trade.
