President Donald Trump said on Friday that there would be “flexibility” of his mutual tariff plan, even when he seemed to oppose the idea of making exceptions to the upcoming tasks.
“People come to me and talk about tariffs and many people ask me if they could have exceptions,” said Trump reporters in the Oval Office.
“And if you do that for you, you have to do it for everyone,” he said.
Trump, a well-known fan of tariffs, also insisted that he did not change his opinion when he gave a one-month exception for an earlier round of import duties in early March.
“I don't change. But the word flexibility is an important word,” he said. “Sometimes it is flexibility. So there will be flexibility, but basically it is mutual.”
Trump led the start date on April 2 for his mutual tariffs as America's “liberation day”.
Trump and his officials say that the plan will effectively assign tariffs to all countries who have their own tariffs for US goods. Countries with other non-tariff trading policy against which the Trump management contradicts, such as: B. Value taxes could also be subject to new duties.
Trump also said Friday that he was planning to speak to the Chinese President Xi Jinping. Beijing has already hit retaliation tariffs to US agricultural products in response to Trump's wide tariffs to Chinese imports.
Trump has issued a flood of tariff announcements since the repeating of the White House, classified the uncertainty of investors and the fears of a large trade war.
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