Trump shows flexibility on reciprocal tariffs policy

President Donald Trump hinted at changes to his reciprocal tariff plan during a speech in the Oval Office on March 21. He suggested there may be “flexibility” for some countries that request exceptions. Trump's reciprocal tariff plan is set to start on April 2. Under this plan, the U.S. would set tariff rates that match those imposed by other countries on American goods. This has been referred to by Trump as America’s “liberation day.” While speaking, Trump mentioned that many people have reached out to him for exceptions to the planned tariffs. He noted that if exceptions are made for one country, others would likely expect the same treatment. Despite suggesting some flexibility, Trump portrayed his overall approach as consistent. He emphasized that he is not changing direction but is open to adjustments as needed.