President Donald Trump had previously hinted at the possibility of announcing new reciprocal tariffs, but as of now, no official announcement has been made. White House National Economic Council Director Kevin Hassett mentioned that there are ongoing developments in this matter but clarified that there is no concrete news to share at the moment.
Hassett stated that discussions have taken place regarding reciprocal tariffs, but he refrained from providing a specific timeline for when the president might implement such tariffs. He emphasized that while the President has a clear stance on the issue, the details are still being worked out.
This sentiment was echoed by White House trade adviser Peter Navarro, who highlighted the importance of thoroughly studying and identifying instances of what the government considers unfair trade policies before taking any decisive action.
It appears that the administration is taking a cautious approach to the implementation of reciprocal tariffs, indicating that any potential announcement may be delayed as officials continue to assess the situation.
