CNN —
Summary President Donald Trump appears to be softening his tariff approach before the April 2 ‘Liberation Day’ deadline. Trump hinted at potential carve-outs and delays for auto, pharmaceutical and semiconductor tariffs. This marketing strategy presents a less severe tariff plan than previously threatened. Trump still favors reciprocal tariffs, which he frames as fair responses to other countries’ practices. India is reportedly preparing to lower tariff rates ahead of the April 2 deadline.
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