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The White House plans to tighten the scope of tariff policies, implementing reciprocal tariffs only against major trading partners.
On March 24, according to The Wall Street Journal, the White House is tightening the implementation scope of the tariff policy set to be announced on April 2. The tariffs planned for specific industries such as automobiles, pharmaceuticals, and semiconductors are expected to be postponed, with only reciprocal tariffs imposed on major trading partners. These countries roughly include Australia, Brazil, Canada, China, the European Union, India, Japan, South Korea, Mexico, Russia, and Vietnam, which account for a significant portion of U.S. imports. Tariffs will be set at specific rates for individual countries rather than the previously proposed three-tiered system. Trump and several officials have expressed a reluctance to provide broad exemptions.