Trump says he’ll be ‘kind’ on tariffs amid rollercoaster for global stocks
Al Jazeera
US president says tariffs announcement on April 2 will be a ‘rebirth’ as trade uncertainty roils stock markets.
United States President Donald Trump has said his long-awaited reciprocal tariffs will be lower than what other countries charge as uncertainty over his biggest trade announcement yet continues to roil global stocks.
Speaking at the White House on Monday, Trump said the tariffs he is preparing to announce on Wednesday will be “nicer” than the trade policies of US trading partners.
“We are going to be very nice by comparison to what they were. The numbers will be lower than what they have been charging us, and in some cases, maybe substantially lower,” Trump told reporters at the Oval Office.
“Relatively speaking, we’re going to be very kind,” Trump said.
Repeating his regular talking point that the US has been taken advantage of by its trading partners, Trump said the measures would bring “tremendous wealth back to our country”.
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