US EditionUS Signals Reciprocal Tariffs Will Return for some Countries
- President Donald Trump announced reciprocal tariffs on April 2, 2025, initiating a 90-day pause on April 9 in the United States.
- The tariffs followed an administration focus on 18 key trading partners amid negotiations, while over 150 countries showed interest in deals.
- Treasury Secretary Scott Bessent said the U.S. Will reinstate tariffs to April 2 levels for countries not negotiating in good faith after the pause ends July 9.
- Tariffs currently paused maintain a 10% baseline rate for most partners, with duties having been raised by up to 46% on countries like Vietnam, India, and Japan.
- The tariff policy implies escalated trade tensions if talks fail and suggests possible regional deals for smaller trading partners post-pause expiration.
16 Articles
16 Articles
Mercantilism In America: The Trouble With Self-Sufficiency
By Kevin Duffy, Mises Wire | May 20, 2025 “China has been ripping us off for years, taking advantage of our open markets while they close theirs. They’re not playing fair, and it’s costing us billions.”—Donald Trump, Pennsylvania campaign rally, June 28, 2016 Donald Trump’s economic worldview—rooted in mercantilism—prioritizes exports over imports, protects select industries, and champions self-sufficiency. This perspective—evident since the 198…
Bown: Trump administration lacks time, resources to weigh trade deal terms
The Trump administration does not have the time or the resources to adequately evaluate trade proposals during the 90-day pause on “reciprocal” tariffs the president announced last month, making extensions likely, former State Department Chief Economist Chad Bown said on Wednesday. President Trump last month announced country-specific reciprocal tariffs on dozens of trading partners and a 10 percent tariff rate for others. Trump later paused the…
Tariffs, Uncertainty and Nearshoring
In recent months, the economies of Mexico and the world have faced a flurry of scenarios in their trade policy with the United States (EU), unprecedented in history. The tariff announcement for Mexico during February and March, which were then mostly terminated, finally materialized on April 2 at a 25% tariff on steel, aluminum and cars built outside the T-MEC. That same day, the United States also imposed a highly questionable scheme of “recipr…
BUSTED: Sean Duffy sold stocks 2 days before Trump announced tariff plan
Two days before President Donald Trump announced dramatic plans for “reciprocal” tariffs on foreign imports, Transportation Secretary Sean Duffy sold stock in almost three dozen companies, according to records reviewed by ProPublica.The Feb. 11 sales occurred near the stock market’s historic peak, just before it began to slide amid concerns about Trump’s tariff plans and ultimately plummeted after the president unveiled the details of the new ta…
Tariff mastermind unloaded stocks 2 days before Trump announcement tanked market
Two days before President Donald Trump announced dramatic plans for “reciprocal” tariffs on foreign imports, Transportation Secretary Sean Duffy sold stock in almost three dozen companies, according to records reviewed by ProPublica. The Feb. 11 sales occurred near the stock market’s historic peak...
ProPublica
Cobb County CourierTransportation Secretary Sean Duffy Sold Stocks Two Days Before Trump Announced a Plan for Reciprocal Tariffs
Duffy is the second member of Trump’s cabinet who sold securities shortly before the president’s tariff announcements sent markets plunging. A spokesperson for Duffy said an account manager made the trades and that Duffy had no input on the timing.
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