On April 3, 2025, President Donald Trump indicated a willingness to reduce tariffs if other nations offer “something phenomenal” in return, suggesting openness to negotiations despite recent tariff implementations. Speaking aboard Air Force One, he defended the tariff strategy, asserting that the economic turbulence would settle and expressing satisfaction with falling interest rates. This stance follows the administration’s imposition of a 10% minimum tariff on all U.S. trading partners, with higher rates for specific countries, aiming to address perceived trade imbalances.
https://www.bloomberg.com/news/articles/2025-04-03/trump-says-he-s-open-to-reducing-tariffs-for-phenomenal-offers?embedded-checkout=true
