Trump: On April 2nd, Reciprocal Tariffs Kick in ... Whatever They Tax Us, We Will Tax Them

EXCERPT:

TRUMP: “Other countries have used tariffs against us for decades and now it’s our turn to start using them against those other countries. On average, the European Union, China, Brazil, India, Mexico and Canada — have you heard of them? — and countless other nations charge us tremendously higher tariffs than we charge them. It’s very unfair. India charges us auto tariffs higher than 100 percent. China’s average tariff on our products is twice what we charge them. And South Korea’s average tariff is four times higher. Think of that. Four times higher. And we give so much help militarily and in so many other ways to South Korea. But that’s what happens. This is happening by friend and foe. This system is not fair to the United States and never was, and so on April 2 — I wanted to make it April 1, but I didn’t want to be accused of April Fools’ Day — that’s not — it’s just one day, which costs us a lot of money. But we are going to do it in April. I’m a very superstitious person. April 2, reciprocal tariffs kick in, and whatever they tariff us, other countries, we will tariff them. That’s reciprocal, back and forth.”