White House trade adviser Peter Navarro has revealed that specific details of the promised “reciprocal” tariffs on US trading partners will not be announced this week. Instead, President Trump will task the secretaries of Treasury, Commerce, and the US Trade Representative to study existing tariffs and trade barriers.
Navarro clarified that the implementation of reciprocal tariffs is still under review and emphasized the need for a thorough examination of trade practices. The focus will be on countries with which the US has significant trade deficits to determine if they are engaging in unfair trade practices.
