Poging GOUD - Vrij
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
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.
Dit verhaal komt uit de March 19, 2025-editie van Mint Mumbai.
Abonneer u op Magzter GOLD voor toegang tot duizenden zorgvuldig samengestelde premiumverhalen en meer dan 9000 tijdschriften en kranten.
Bent u al abonnee? Aanmelden
MEER VERHALEN VAN Mint Mumbai
Mint Mumbai
BUDGET TO KEEP FISC STEADY AMID GLOBAL STORM
The Union Budget for FY27 is being formulated against the backdrop of some positive surprises, despite a highly volatile and uncertain global environment.
3 mins
January 23, 2026
Mint Mumbai
Govt may raise allocation for power distribution reforms
Revamped Distribution Sector Scheme is likely to get ₹18,000 crore in the FY27 budget
2 mins
January 23, 2026
Mint Mumbai
Pet care startups eye users to compete with FMCG giants
Direct-to-consumer (D2C) pet care brands are leaning on subscription models to lock in customers, betting that repeat purchases can help them counter the scale and distribution advantage of India's largest packaged consumer goods players as the niche segment heats up.
2 mins
January 23, 2026
Mint Mumbai
IT majors face weak FY26 despite Q3 earnings beats
Four top IT services firms are heading into Q4 with weaker full-year trajectories than last year
3 mins
January 23, 2026
Mint Mumbai
Here's how to build an education fund in a high-inflation economy
With education inflation running at 10-12% annually, far outpacing CPI, parents must rethink savings strategies
4 mins
January 23, 2026
Mint Mumbai
Zydus launches cancer biosimilar
Zydus Lifesciences has launched its biosimilar of anticancer drug nivolumab in India after receiving clearance from the Delhi High Court last week, pricing it at a fraction of the patented version.
1 min
January 23, 2026
Mint Mumbai
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.
3 mins
January 23, 2026
Mint Mumbai
Retail boosts IPO odds via parent shares
A smart move? Investors are reviving an old strategy by buying parent shares ahead of subsidiary IPOs.
3 mins
January 23, 2026
Mint Mumbai
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.
3 mins
January 23, 2026
Mint Mumbai
Family-run Duroflex gears up for IPO
After more than six decades as a privately held, family-run business, mattress maker Duroflex believes it is ready for the public markets, top executives of the company told Mint.
2 mins
January 23, 2026
Listen
Translate
Change font size

