“The Trump administration is quietly watering down some of the tariffs that underpin the president’s signature economic policy,” the Wall Street Journal reports.
“President Trump in recent weeks has exempted dozens of products from his so-called reciprocal tariffs and offered to carve out hundreds more goods from farm products to airplane parts when countries strike trade deals with the U.S.”
“The offer to exempt more products from tariffs reflects a growing sentiment among administration officials that the U.S. should lower levies on goods that it doesn’t domestically produce.”
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