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Trump Team Explored Simplified Plan for Reciprocal Tariffs

Mint Mumbai

|

March 19, 2025

Mexico Would Wait Until April 2 and Then Decide Whether to Impose Retaliation to Trump's Tariffs, Sheinbaum Said

- Gavin Bade, Josh Dawsey & Vipal Monga

Trump Team Explored Simplified Plan for Reciprocal Tariffs

Trump administration officials are roiled in debate over how to implement the president's pledge to equalize U.S. tariffs with those charged by other nations, with aides scrambling to meet the president's self-imposed deadline of April 2 to debut a plan.

Officials have recently weighed whether to simplify the complex task of devising new tariff rates for hundreds of U.S. trading partners by instead sorting nations into one of three tariff tiers, according to people close to the policy discussions, who emphasized that the situation remains fluid and could evolve in the coming weeks. The proposal was later ruled out, said an administration official close to the talks, adding that Trump's team is still trying to sort how to implement an individualized rate for each nation.

"Many plans have been discussed and when the president is ready to announce a plan the American people will hear from him directly," White House press secretary Karoline Leavitt said.

Trump has repeatedly said reciprocal tariffs would mean "what they charge us, we charge them." That would be a gargantuan task, leaving officials to customize tariff rates for hundreds of countries and territories that the U.S. trades with around the world. The plan to match levies with other nations would come on top of his other tariff threats, such as 25% on imports from Mexico and Canada for fentanyl trafficking, and certain sector-based duties such as on steel and aluminum imports.

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IT majors face weak FY26 despite Q3 earnings beats

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Here's how to build an education fund in a high-inflation economy

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Zydus launches cancer biosimilar

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AI accessibility: We need to clearly define what it means

As the world approaches the India AI Summit 2026 , the conversation on AI has evolved beyond algorithmic efficiency to encompass the more significant issues of digital sovereignty and ethics.

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Retail boosts IPO odds via parent shares

A smart move? Investors are reviving an old strategy by buying parent shares ahead of subsidiary IPOs.

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Behind Kalyan Jewellers’ stock slump

Kalyan Jewellers has had a rough start to 2026, with the stock sliding around 22% this calendar year, lagging peers.

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Family-run Duroflex gears up for IPO

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