Trump: I don't want too many exceptions.
Foreks - U.S. President Donald Trump has announced plans to limit exceptions to tariff implementations, providing a recent clue regarding the announcement of reciprocal tariffs for global trade partners on April 2nd. The U.S. trade partners have been competing to secure exemptions from the taxes central to Trump's economic agenda, but the president indicated that obtaining these exemptions might be challenging.
In an interview with Newsmax, Trump stated, "I know there are some exceptions, and this is an ongoing discussion, but not many, not too many exceptions. No, I don't want too many exceptions." He promised a comprehensive tariff announcement next Wednesday, branding it a "Day of Salvation" against trade partners he has long accused of "scamming" the U.S. On this date, reciprocal tariffs will be imposed on countries applying their own tariffs to U.S. goods, although the full extent and method of these tariffs remain undisclosed.