President Trump’s administration solicited feedback from companies on foreign trade barriers, receiving complaints from various industries about unfair treatment, including high tariffs on products like uranium, shrimp, and T-shirts. Trump plans to impose “reciprocal tariffs” on April 2 to address these issues, potentially impacting imports of cars, pharmaceuticals, and semiconductors. While some companies see opportunities in Trump’s trade agenda, others fear retaliation and disruption in export markets, urging the administration to focus on reducing rather than increasing trade barriers.
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