BTC
ETH
HTX
SOL
BNB
View Market
简中
繁中
English
日本語
한국어
ภาษาไทย
Tiếng Việt

Trump administration plans to adjust tariff plan, or introduce compromise options to deal with resistance within the party

2025-04-02 00:04

Odaily News The Trump team is finalizing the tariff plan before the release of the trade policy on April 2, and is currently considering launching a third "compromise option": imposing a uniform tariff rate on some countries, which is expected to be lower than the 20% general tariff previously discussed.
Previously, Trump had considered imposing a 20% uniform tariff on almost all imported goods, or implementing a reciprocal tariff mechanism based on national differences. However, this extreme proposal was opposed by industry and labor union groups, and some Republican senators also expressed the possibility of supporting a Democratic proposal that challenges the president's emergency tariff authority.
Analysts pointed out that although Trump prefers the "most radical plan", he was forced to compromise due to the lack of sufficient support within the party. There is less than a day left before the policy is announced at 16:00 Eastern Time on April 2, and the final version has not yet been finalized. The White House and the Office of the United States Trade Representative have not yet responded to this. (WSJ)