‘It is time for reciprocity’, warns White House spokeswoman about tariffs to be announced by Trump

On Tuesday, the President of the United States, Donald Trump, will review reports concerning tariffs that various countries apply before determining which nations will face new U.S. tariffs. On Wednesday, Trump will announce a new batch of tariffs during a major event at the White House Rose Garden, where he will be accompanied by his entire cabinet, according to White House spokeswoman Karoline Leavitt. She criticized the 'abuses' committed by several countries imposing tariffs on American products.

Leavitt presented graphs outside the White House depicting tariffs imposed on U.S. goods, such as the European Union’s 50% tariffs on U.S. dairy products. Meanwhile, Japan reportedly imposes a 700% tariff on American rice, and India has a 100% tariff on agricultural products. Canada, she added, imposes almost a 300% tariff on American butter and cheese. Leavitt stated, "These countries have deceived our nation for a long time."

Trump has dubbed April 2 as 'Liberation Day,' which he believes will allow the U.S. to break free from 'unfair' trade practices maintained by other countries for decades. On Wednesday, Trump is expected to announce 'reciprocal tariffs' on countries that impose trade barriers against U.S. products and services, potentially targeting the European Union.

Additionally, the White House announced that starting this Wednesday, a 25% tariff will be applied to all imported cars to the U.S. This measure is aimed at boosting domestic manufacturing but might lead to price increases for consumers and negatively impact major U.S. automakers reliant on global supply chains. To mitigate potential impacts on U.S. auto industry, car parts produced in Mexico and Canada will be temporarily exempt from this 25% tariff.