Reports: Trump now likely to skip ‘sector-specific tariffs’ such as on autos

Reports: Trump now likely to skip ‘sector-specific tariffs’ such as on autos. – Reuters

Summary:

  • Trump’s tariff plans remain uncertain, official cautions
  • Focus on countries with largest trade surpluses, officials say
  • USTR seeks public comments on reciprocal tariffs for major trade partners
  • April 2 tariffs may target ‘Dirty 15’ countries, Bessent says

President Donald Trump’s administration is likely to exclude a set of sector-specific tariffs while applying reciprocal levies on April 2, Bloomberg News and the Wall Street Journal reported, citing officials.

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