Media: White House looks to ease tariff strategy amid growing concerns
In the wake of US President Donald Trump's sweeping tariff announcement, there are signs that the White House may begin to ease its aggressive trade strategy.
Initially, Trump introduced a universal 10 per cent tariff on all nations, with higher rates for those charging the US more in tariffs, aiming to protect American industries and bring in significant revenue. However, amid growing pushback from both domestic and international leaders, the White House appears to be reconsidering some aspects of the plan, Caliber.Az reports via foreign media.
Sources within the administration indicated that the US Trade Representative’s office had been working on alternative, less aggressive tariff options right up until the announcement. Despite the surprise nature of the decision and its shock to global markets, the administration is now seeking ways to dial back some of the policy’s severity. While the baseline 10 per cent tariff remains in place, Trump has shown a willingness to negotiate with countries on the higher duties.
Many allies, including Republican lawmakers and industry leaders, voiced concerns that the tariffs could lead to rising prices for consumers and strain global economic relations. Some Trump advisers have suggested that continuing with the maximum tariff rates could hurt long-term economic stability, warning that such a policy could tarnish the effectiveness of tariffs as a tool for future negotiations.
Despite these concerns, White House officials are intent on maintaining Trump's core message: tariffs are an essential component of his "America First" strategy. Trump himself has repeatedly defended the tariffs, stating that they are necessary to correct trade imbalances and protect American jobs. However, there are indications that the president may soften the approach in the coming weeks, possibly offering more flexibility on the rates and easing the burden on industries most affected by the tariffs.
As the April 9 deadline for higher reciprocal tariffs approaches, negotiations with foreign governments continue, with Trump’s team suggesting that some countries could see exemptions or reduced rates. This strategy is in part a reflection of Trump’s preference for personalized, tit-for-tat negotiations over a one-size-fits-all approach.
While the immediate effects of the tariffs have been felt in the stock market, White House officials are hopeful that, with some adjustments, the administration can move forward with a trade policy that balances protectionism with diplomacy.
By Vafa Guliyeva