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Universal vs. Reciprocal: Trump’s Trade Team Divided Over Tariff Strategy

Universal vs. Reciprocal: Trump’s Trade Team Divided Over Tariff Strategy

President Trump has confirmed he’s decided on his “Liberation Day” tariff plan but hasn’t revealed the details ahead of Wednesday’s announcement.

The White House is divided between two approaches:
– A universal 20% tariff on almost all imports
– A “reciprocal” country-by-country approach with different rates that could be negotiated

This split reflects Trump’s competing goals for tariffs:
– Generate revenue (possibly $600 billion annually according to adviser Peter Navarro) to help offset tax cuts
– Use tariffs as leverage to pressure other countries to lower their duties or make policy changes on issues like migration and drug trafficking

Eight more from the desk

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