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Trump's April 2 game plan: 2-step tariff strike on cards
Business Standard
|March 26, 2025
U.S. President Donald Trump is weighing a two-step approach to implementing his new tariff regime, potentially invoking rarely used emergency powers to impose immediate duties on imports while formal investigations into trading partners unfold, the Financial Times reported.
While Trump has long railed against foreign trade practices, some administration officials see tariffs not just as a negotiating tool but also as a way to bolster revenue for planned tax cuts, the report said, citing sources.
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