Latest updates on tariffs
🇺🇸The White House confirms President Trump will announce a series of new tariffs at 3 AM tomorrow, April 3rd (Vietnam time), and they will take effect immediately afterward.
Currently, the U.S. is reportedly considering 3 options:
1️⃣ A 20% tariff on most imports.
2️⃣ Retaliatory tariffs, flexible by each country.
3️⃣ Uniform tariffs for a group of countries, possibly lower than the comprehensive 20% rate.
It is unclear which direction Mr. Trump will choose, but many countries are ready to respond if the U.S. imposes “reciprocal” tariffs tomorrow:
🇲🇽Mexico
🇨🇦Canada
🇨🇳China
🇯🇵Japan
🇰🇷South Korea
🇪🇺EU
White House Press Secretary Leavitt stated that Mr. Trump is always open to receiving calls from other countries to negotiate a mutually beneficial solution.
The deadline for tariffs is approaching, countries are preparing countermeasures, and the market is holding its breath for the next moves... Get ready, everyone!