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Some industries may be spared from next round of U.S. tariffs despite Trump threats

24 March 2025
in Canada
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Some industries may be spared from next round of U.S. tariffs despite Trump threats
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Key industries facing U.S. tariffs may be spared for now, as President Trump’s next shot in the global trade war may not include sector-specific tariffs on April 2, according to a White House official. Trump is expected to introduce reciprocal tariffs based on fairness, targeting countries with tariffs on U.S. goods or unfair economic policies. Despite previous threats of industry-specific tariffs, the administration’s decisions around trade remain unpredictable, with a focus on countries with the biggest trade surpluses and high barriers.

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