Trump plans new tariffs to address trade imbalances by April

President Donald Trump has directed his administration to consider imposing new tariffs on various countries. This move aims to address trade imbalances and could lead to a broader campaign against perceived unfair trade practices. The tariffs would be tailored for each country, designed to counteract their tariffs and other trade barriers affecting U.S. goods. The process of determining these tariffs may take weeks or months. Howard Lutnick, Trump's nominee for Commerce Secretary, stated that studies on the tariffs should be completed by April 1. Trump could then implement the new tariffs shortly after that date.