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In his recent address to Congress, President Donald Trump announced the implementation of reciprocal tariffs starting April 2. He humorously noted that the tariffs were initially planned for April 1 but were postponed by a day to avoid any association with April Fool's Day. This decision underscores his commitment to addressing what he perceives as unfair trade practices by other countries.
The President emphasized that these tariffs are a crucial step to protect American industries and workers, aiming to rectify imbalances in international trade. He stated, “Whatever they tariff us, we will tariff them. If they do non-monetary barriers to keep us out of their market, we will do the same.”
By implementing these measures, the administration seeks to promote fair competition and ensure that American businesses operate on a level playing field in the global market.
