The question is, why did Trump choose April 2 to impose reciprocal tariffs? Trump himself gave the answer to this. He said he wanted to impose reciprocal tariffs starting April 1, but did not want to be accused of “April Fool’s Day.” He said that countries like the European Union, China, Brazil and India impose much higher tariffs on America than those imposed by the United States. He called this situation unfair.
Trump made it clear that countries that do not make their products in America will have to pay tariffs, and in some cases, we will impose significant tariffs.
China, Mexico, Canada, South Korea. While addressing the joint session of the Parliament today (Wednesday), Trump said, “China, Mexico and Canada will impose tariffs on many countries including India (US Impose Tariff on India).
‘China imposes double and South Korea four times more tariffs, while we give them military aid, but from April 2, we will impose the same tariff on that country as that country imposes on us. Let us tell you that this is called Reciprocal Tariff.’