On March 18th, COINOTAG reported that discussions within the Trump administration regarding tariff implementation are intensifying. According to a recent article in The Wall Street Journal, U.S. officials are exploring ways to fulfill Trump’s commitment to equal tariffs. While there was initial consideration for a simplified three-tier tariff system for various trading partners, this approach appears to have been set aside. Sources indicate that officials are now prioritizing a more personalized tariff strategy, aiming for a tailored approach based on individual countries’ economic contexts.
High-level discussions involving key figures such as White House Chief of Staff Meadows and Commerce Secretary Luttig took place, with the three-tier structure being a focal point. However, subsequent meetings determined that a customized plan would be more effective in addressing the complexities of international trade relations. As negotiations progress, the determination of accurate tariff rates remains a critical focus for the administration, highlighting the fluid nature of U.S. trade policy.