Trump Team Looked at Simplified Plan for Tariffs

“Trump administration officials are roiled in debate over how to implement the president’s pledge to equalize U.S. tariffs with those charged by other nations, with aides scrambling to meet the president’s self-imposed deadline of April 2 to debut a plan,” the Wall Street Journal reports.

“Officials have recently weighed whether to simplify the complex task of devising new tariff rates for hundreds of U.S. trading partners by instead sorting nations into one of three tariff tiers.”

“The proposal was later ruled out, said an administration official close to the talks, adding that Trump’s team is still trying to sort how to implement an individualized rate for each nation.”