The Wall Street Journal piece is gated:

In very brief:

  • Trump’s team is working on reciprocal tariffs this week via executive action, bypassing Congress.
  • Peter Navarro, a key Trump trade adviser, has long supported this policy.
  • The plan aims to match or exceed tariffs imposed on U.S. exports by other nations.
  • It may also target non-tariff barriers, like foreign subsidies, taxes, and regulations. Japan, the EU, and China could face higher U.S. tariffs under this approach.

A few minutes ago Trump didn’t add anything much on this:

This article was written by Eamonn Sheridan at www.forexlive.com.The Wall Street Journal piece is gated:What We Know About Trump’s Reciprocal Tariffs
Senior aide Peter Navarro is a major driver of the idea inside the White HouseIn very brief:Trump’s team is working on reciprocal tariffs this week via executive action, bypassing Congress.Peter Navarro, a key Trump trade adviser, has long supported this policy.The plan aims to match or exceed tariffs imposed on U.S. exports by other nations.It may also target non-tariff barriers, like foreign subsidies, taxes, and regulations. Japan, the EU, and China could face higher U.S. tariffs under this approach.A few minutes ago Trump didn’t add anything much on this:Trump says “we’ll see” when asked if reciprocal tariffs are coming Wednesday

This article was written by Eamonn Sheridan at www.forexlive.com.  Read MoreNews 

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