Tariff Deadline Approaches, but Clarity is Still Lacking
The will-they-or-won’t-they continues over the Trump Administration’s slate of Apr. 2 tariffs, with the market rallying Monday as reports emerged that the levies would be more targeted than initially let on, though Pres. Trump also announced a 25% levy on countries buying Venezuelan gasoline, which could put another burden on Chinese goods. Trump had recently dubbed Apr. 2 to be “Liberation Day,” with new levies set to include dollar-for-dollar reciprocal tariffs, the implementation of the twice-delayed 25% levies on Canada and Mexico, and a slate of production-specific imposition, including lumber and ... Log in to view full article.