New tariffs on foreign goods effective April 2

bnnbloomberg.ca

U.S. President Donald Trump announced that broad reciprocal tariffs and additional sector-specific tariffs will take effect on April 2. These tariffs will target foreign goods imported into the U.S., including autos, steel, and aluminum. Trump stated that the tariffs would be based on foreign countries' own tariff rates and non-tariff barriers. The specifics of how sectoral tariffs will fit into this new regime remain unclear. Previously, Trump imposed a 20% tariff on China and a 25% tariff on steel and aluminum. He also announced a 25% tariff on goods from Canada and Mexico, with a one-month extension for compliant products under the USMCA trade deal.


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Timeline:

    [4.9]
    Trump imposes tariffs, shocking North American auto leaders (nytimes.com)
    1h
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    [4.6]
    Trump announces no exemptions from steel, aluminum tariffs (cnn.com)
    8h
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    [5.2]
    Trump implements full steel and aluminum tariffs (wcvb.com)
    10h
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    [5.3]
    Trump confirms no exemptions for steel and aluminum tariffs (wmur.com)
    10h
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    [5.0]
    Trump announces no exemptions for steel and aluminum tariffs (kcra.com)
    10h
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    [4.6]
    Trump announces reciprocal tariffs starting April 2 (timesnownews.com)
    13h
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    [4.9]
    Trump plans reciprocal tariffs starting April 2 (hindustantimes.com)
    13h
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    [4.5]
    Trump won't ease steel and aluminum tariffs (ndtv.com)
    14h
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    [4.6]
    No exemptions for US steel, aluminum tariffs announced (firstpost.com)
    14h
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    [3.6]
    Trump confirms no exemptions for steel, aluminum tariffs (news.yahoo.com)
    15h
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    [5.1]
    Trump to impose new tariffs on April 2 (financialpost.com)
    16h
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