Wall Street Journal on ‘what we know’ about Trump’s reciprocal tariffs

The Wall Street Journal piece is gated:

• What We Know About Trump’s Reciprocal Tariffs
  
• Senior aide Peter Navarro is a major driver of the idea inside the White House

In very brief:

• Trump’s team is working on reciprocal tariffs this week via executive action, bypassing Congress.
• Peter Navarro, a key Trump trade adviser, has long supported this policy.
• The plan aims to match or exceed tariffs imposed on U.S. exports by other nations.
• It may also target non-tariff barriers, like foreign subsidies, taxes, and regulations. Japan, the EU, and China could face higher U.S. tariffs under this approach.

A few minutes ago Trump didn’t add anything much on this:

• Trump says “we’ll see” when asked if reciprocal tariffs are coming Wednesday

This article was written by Eamonn Sheridan at www.forexlive.com.