Trump will "fire at" the world: reciprocal tariffs will target all countries

U.S. President Donald Trump said that the targets of the reciprocal tariffs he will announce this week will include all countries around the world, rather than just the 10 to 15 countries with the most serious trade deficits.

Reciprocal Tariffs Will Be Levied on All Countries

In an interview on Sunday, Trump promised that he would announce what he called a "Liberation Day" large-scale tariff plan on Wednesday (April 2). Previously, he had already announced tariffs on steel, aluminum and automobiles.

"We will start (levying tariffs) from all countries," he told reporters on Air Force One. "Basically all the countries we've been talking about."

Previously, White House Economic Adviser Kevin Hassett had told the media that the focus of the Trump administration's tariffs would be on 10 to 15 countries with the most serious trade deficits, but he did not list the specific names of these countries.

However, Trump's statement on Sunday clearly overturned market speculation. He said that the targets of his reciprocal tariffs would be all countries around the world.

Trump insisted that tariffs are a way to protect the U.S. domestic economy from unfair global competition and also a bargaining chip for the United States to seek better terms.

Adhering to a Radical Stance

At present, concerns about the U.S. trade war outside have already caused severe turmoil in the global market and triggered concerns about a U.S. economic recession.

In February this year, Trump signed a memorandum instructing U.S. trade officials to visit countries one by one and list a tailored list of countermeasures.

Last week, he also hinted that he might scale back his reciprocal tariff plan, and the tariffs levied in some cases might be lower than those imposed by other countries on the United States - which also shows the great uncertainty of Trump's tariffs from the side.

However, informed sources revealed that Trump had previously urged his senior advisers to take a more radical stance on tariffs because in his view, tariffs represent a generational opportunity for the U.S. economy.

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