US President Donald Trump meets with US Ambassadors within the Cupboard Room of the White Home in Washington, DC, on March 25, 2025.
Mandel Ngan | AFP | Getty Photographs
President Donald Trump stated that tariffs will seemingly be extra “lenient than reciprocal,” because the April 2 tariff deadline looms for numerous levies to enter impact.
“I am going to in all probability be extra lenient than reciprocal, as a result of if I used to be reciprocal, that will be very robust for folks,” Trump stated Tuesday in an interview with Newsmax.
“I do know there are some exceptions, and it is an ongoing dialogue, however not too many, not too many exceptions,” Trump added.
The feedback come as traders fear {that a} extra extreme strategy signaled by the Trump administration would dampen client and company sentiment sufficient to decelerate the U.S. economic system. On Tuesday, the Convention Board stated its measure for client expectations on enterprise, earnings and labor dropped to a 12-year low.
Shares have struggled not too long ago, with the S&P 500 dropping 3% prior to now month. The benchmark additionally dipped into correction territory amid the tariff pressures, briefly buying and selling greater than 10% under a document set in February.
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