President Trump announced that forthcoming tariffs, expected to be revealed on April 2, will be lower than those charged by other countries. He regards this as a 'rebirth' for the US economy, asserting these measures will restore wealth domestically. The tariffs, he confirmed, will not be selective but will target all countries, contradicting earlier expectations of limited focus. Experts express skepticism regarding the potential outcomes of these tariffs, indicating possible inconsistencies in Trump's statements and the actual trade impacts.
Trump's long-awaited reciprocal tariffs will be lower than those of other countries, aiming to bring wealth back to the US.
The measures will apply to all countries, with higher tariffs on those with higher trade deficits, conflicting with previous expectations.
Trump described the upcoming tariffs as a 'rebirth' of the country, insisting that the US has been taken advantage of.
Despite the announcement, trade experts remain skeptical, suggesting the actual impact may differ significantly from Trump's assurances.
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