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Trump advisers backpedal on tariffs before ‘Liberation Day’

Washington | President Donald Trump’s coming wave of tariffs is poised to be more targeted than the barrage he has occasionally threatened, aides and allies say, a potential relief for markets gripped by anxiety about an all-out tariff war.

Trump is preparing a “Liberation Day” tariff announcement on April 2, unveiling so-called reciprocal tariffs he sees as retribution for tariffs and other barriers from other countries, including longtime US allies.

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    Original URL: https://www.afr.com/world/north-america/trump-advisers-backpedal-on-tariffs-before-liberation-day-20250323-p5llsf