Trump's Reciprocal Tariffs To Go Into Effect 'Immediately': White House

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Summary

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Trump on April 2 plans to roll out tariffs on global trading partners during an event planned for 4pm in the White House Rose Garden, according to Bloomberg.
Hindustan Times
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President Donald Trump is set Wednesday to begin the biggest gamble of his nascent second term, wagering that broad-based tariffs on imports will jumpstart a new era for the U.S. economy.
CNBC
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The long-term implications of trade protectionist policies could be far more damaging than expected, as the negative impact of tariffs on consumption will likely erode US competitiveness in the global economic order, prompting other countries to expedite efforts to readjust their supply chains and lessen their reliance on the American consumer market.
Global Times China
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In an interview with POLITICO, Bank of Finland Governor Olli Rehn urged the European Union to prepare “proportionate countermeasures” to the United States president’s imposition of tariffs on imports from the bloc.
Politico Europe

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