Trump to impose new tariffs on April 2

President Donald Trump announced he will impose broad reciprocal tariffs and additional sector-specific tariffs starting April 2. This marks a shift towards a more aggressive tariff strategy on foreign goods. Trump stated that both types of tariffs would apply, particularly targeting industries like automobiles, steel, and aluminum. The exact relationship between the reciprocal and sectoral tariffs remains unclear. Previously, Trump had already implemented tariffs on China, steel, and aluminum. He also announced a temporary extension for certain goods under the USMCA trade deal with Canada and Mexico.