{"id":2413866,"date":"2025-03-19T13:01:02","date_gmt":"2025-03-19T17:01:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/four-policies-trump-administration-is-looking-at-in-deciding-whether-to-enact-reciprocal-april-2-tariffs-washington-examiner\/"},"modified":"2025-03-19T13:01:02","modified_gmt":"2025-03-19T17:01:02","slug":"four-policies-trump-administration-is-looking-at-in-deciding-whether-to-enact-reciprocal-april-2-tariffs-washington-examiner","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/four-policies-trump-administration-is-looking-at-in-deciding-whether-to-enact-reciprocal-april-2-tariffs-washington-examiner\/","title":{"rendered":"Four policies Trump administration is looking at in deciding whether to enact reciprocal April 2 tariffs &#8211; Washington Examiner"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">38<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Ffour-policies-trump-administration-is-looking-at-in-deciding-whether-to-enact-reciprocal-april-2-tariffs-washington-examiner%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2413866&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p class=\"readmore\">\n    <button onclick=\"showReadMore()\" id=\"readmorebtn\">Read more&#8230;<\/button>\n<\/p>\n<hr id=\"line\">\n<span id=\"more\"><\/p>\n<p><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><\/p>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-mobile-menu-button\"><i class=\"tdb-mobile-menu-icon td-icon-mobile\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-header-search-button-mob dropdown-toggle\" data-toggle=\"dropdown\"><i class=\"tdb-mobile-search-icon td-icon-search\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-mobile-menu-button\"><i class=\"tdb-mobile-menu-icon td-icon-mobile\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<div class=\"tdb-drop-down-search\" aria-labelledby=\"td-header-search-button\">\n<div class=\"tdb-drop-down-search-inner\">\n<form method=\"get\" class=\"tdb-search-form\" action=\"https:\/\/www.washingtonexaminer.com\/\"><\/form>\n<div class=\"tdb-aj-search\"><\/div>\n<\/div>\n<\/div>\n<p><a href=\"http:\/\/www.washingtonexaminer.com\/#\" role=\"button\" aria-label=\"Search\" class=\"tdb-head-search-btn dropdown-toggle\" data-toggle=\"dropdown\"><i class=\"tdb-search-icon td-icon-search\"><\/i><\/a><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<h1 class=\"tdb-title-text\">Four policies Trump administration is looking at in deciding whether to enact reciprocal April 2 tariffs<\/h1>\n<div><\/div>\n<div class=\"tdb-title-line\"><\/div>\n<\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<div id=\"Brid_2038335\" class=\"tpd-featured-video bridtv\"><\/div>\n<p><a href=\"http:\/\/washingtonexaminer.com\/tag\/treasury-department\" target=\"_blank\" rel=\"noopener\" title=\"\">Treasury<\/a> Secretary <a href=\"http:\/\/washingtonexaminer.com\/tag\/scott-bessent\" target=\"_blank\" rel=\"noopener\" title=\"\">Scott Bessent<\/a> laid out multiple factors President <a href=\"https:\/\/www.washingtonexaminer.com\/tag\/donald-trump\/\" target=\"_blank\" rel=\"noopener\" title=\"\">Donald Trump<\/a> is considering in the decision to implement reciprocal tariffs.<\/p>\n<p>Trump has pledged for months to implement reciprocal tariffs on other countries in response to import taxes and other trade policies on U.S. goods. The tariffs are set to go into effect on April 2.<\/p>\n<div class=\"recommended-stories\">\n<h2>Recommended Stories<\/h2>\n<ul>\n<li><a href=\"https:\/\/www.washingtonexaminer.com\/news\/white-house\/3352265\/steve-bannon-plan-trump-run-2028-incredibly-alarming-stephen-a-smith\/\">Steve Bannon&#8217;s plan for Trump to run in 2028 &#8216;incredibly alarming&#8217;: Stephen A. Smith<\/a><\/li>\n<li><a href=\"https:\/\/www.washingtonexaminer.com\/news\/white-house\/3352155\/elon-musk-shocked-violence-threats-tesla-democrats\/\">Elon Musk &#8216;shocked&#8217; by violence and threats against him and Tesla: &#8216;Mental illness&#8217;<\/a><\/li>\n<li><a href=\"https:\/\/www.washingtonexaminer.com\/news\/white-house\/3352107\/social-security-impose-identity-checks-older-people-fraud-crackdown\/\">Social Security to impose identity checks  and limit phone services in fraud crackdown<\/a><\/li>\n<\/ul>\n<\/div>\n<div class=\"article-paywall\">\n<p>&ldquo;On April 2, each country will receive a number that we believe represents their tariffs,&rdquo; Bessent told Fox Business. &ldquo;For some countries, it could be quite low. For some countries, it could be quite high.&rdquo;<\/p>\n<p>&ldquo;We are going to go to them and say, &lsquo;Look, here is where we think the tariff levels are, non-tariff barriers, currency manipulation, unfair funding, labor suppression, and if you will stop this, we will not put up the tariff wall,&rsquo;&rdquo; he said.<\/p>\n<p>Bessent added that if the countries do not change those policies, the Trump administration &ldquo;will put up the tariff wall to protect our economy, protect our workers, and protect our industries.&rdquo;<\/p>\n<p>Here is a breakdown of the four policies the Trump administration is considering:<\/p>\n<h2 class=\"wp-block-heading\">Nontariff barriers<\/h2>\n<p>Nontariff barriers restrict trade via methods that are not tariffs, such as quotas, licenses, regulations, or embargoes<\/p>\n<p>During the interview, Bessent said the countries that fail to reduce their trade barriers would face steeper tariffs, which he suggested would protect the U.S. economy.<\/p>\n<h2 class=\"wp-block-heading\">Currency manipulation<\/h2>\n<p>Currency manipulation occurs when a country intentionally weakens its currency in order for its exports to be cheaper and imports to be more expensive.&nbsp;<\/p>\n<p>Under Section 3004 of the Omnibus Trade and Competitiveness Act of 1988, the treasury secretary must &ldquo;consider whether countries manipulate the rate of exchange between their currency and the United States dollar for purposes of preventing effective balance of payments adjustments or gaining unfair competitive advantage in international trade.&rdquo;<\/p>\n<p>During Trump&rsquo;s first administration, then-Treasury Secretary Steven Mnuchin designated China as a currency manipulator for &ldquo;devaluing its currency, while maintaining substantial foreign exchange reserves despite active use of such tools in the past,&rdquo; <a href=\"https:\/\/home.treasury.gov\/news\/press-releases\/sm751\" target=\"_blank\" rel=\"noopener\" title=\"\">according to<\/a> a press release. It was the first time the United States used that label on China since 1994.<\/p>\n<p>A December 2024 <a href=\"https:\/\/www.reuters.com\/markets\/currencies\/trump-trade-adviser-warns-against-currency-manipulation-china-mulls-weaker-yuan-2024-12-12\/\" target=\"_blank\" rel=\"noopener\" title=\"\">report<\/a> from <em>Reuters<\/em> found that China&rsquo;s top lawmakers considered allowing the yuan to weaken as they braced for the effects of Trump&rsquo;s tariffs.&nbsp;<\/p>\n<h2 class=\"wp-block-heading\">Unfair funding<\/h2>\n<p>Unfair funding refers to governments or other large investors subsidizing or giving financial assistance to specific companies, sectors, or regions in a way that distorts the market. Such policies could hurt competition and consumers.<\/p>\n<p>For example, the U.S. long accused the European Union of subsidizing Airbus, a French-based competitor to the Seattle-based Boeing. The EU also accused the U.S. of subsidizing Boeing, which had millions of dollars in government contracts.<\/p>\n<p>In 2021, both parties settled the 17-year dispute and agreed to suspend tariffs for a five-year period.<\/p>\n<p>&ldquo;With the agreement on Boeing-Airbus, we have taken a major step in resolving the longest trade dispute in the history of the WTO. I am happy to see that after intensive work between the European Commission and the U.S. administration,&rdquo; European Commission President Ursula von der Leyen said.<\/p>\n<h2 class=\"wp-block-heading\">Labor suppression<\/h2>\n<p>There are multiple mechanisms to suppress labor, including union busting, offshoring work, and limiting workers&rsquo; rights. Many countries do not have similar labor practices as the U.S., which has a set minimum wage and allows for unions in certain professions.<\/p>\n<p><strong><a href=\"https:\/\/www.washingtonexaminer.com\/policy\/economy\/3352367\/white-house-promotes-positive-news-economy-recession-fears\/\" target=\"_blank\" rel=\"noopener\" title=\"\">WHITE HOUSE PROMOTES &lsquo;POSITIVE NEWS OF THE ECONOMY&rsquo; AMID RECESSION FEARS<\/a><\/strong><\/p>\n<p>Labor suppression can make countries with fewer rights, such as Bangladesh and China, more attractive to companies due to their extremely low cost of operation.<\/p>\n<p>Some countries allow &ldquo;sweatshops&rdquo; to be created, where employees are paid minimal wages and work extremely long hours. This allows those countries to produce goods for a cheaper price than countries with workers&rsquo; rights, and the practice hurts competition.<\/p>\n<\/div>\n<p> <script data-cfasync=\"false\" src=\"http:\/\/www.washingtonexaminer.com\/cdn-cgi\/scripts\/5c5dd728\/cloudflare-static\/email-decode.min.js\"><\/script><script>!function(){var g=window;g.googletag=g.googletag||{},g.googletag.cmd=g.googletag.cmd||[],g.googletag.cmd.push(function(){g.googletag.pubads().setTargeting(\"has-featured-video\",\"true\")})}();<\/script><script>var _bp=_bp||[];_bp.push({\"div\":\"Brid_2038335\",\"obj\":{\"id\":\"27789\",\"width\":\"1280\",\"height\":\"720\",\"stickyDirection\":\"below\",\"video\":\"2038335\"}});<\/script><script defer src=\"https:\/\/services.brid.tv\/player\/build\/brid.min.js\"><\/script><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<p><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Four policies Trump administration is looking at in deciding whether to enact reciprocal April 2 tariffs Treasury Secretary Scott Bessent laid out multiple factors President Donald Trump is considering in the decision to implement reciprocal tariffs. Trump has pledged for months to implement reciprocal tariffs on other countries in response to import taxes and other<\/p>\n","protected":false},"author":2910,"featured_media":2413867,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2025\/01\/bessent-tax-cuts.webp","fifu_image_alt":"","footnotes":""},"categories":[538],"tags":[],"class_list":["post-2413866","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-washington-examiner"],"fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2025\/01\/bessent-tax-cuts.webp","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2413866","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/2910"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2413866"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2413866\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2413867"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2413866"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2413866"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2413866"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}