Trade groups mostly reacted in alarm to the dramatic change in tariffs with every country that is coming this month, whether because of expected retaliation against their exports or, in the case of sectors that are largely supplied by imports, the increase in costs.
Members of Congress didn't split wholly along party lines in praising or panning the dramatic increase in global tariffs coming in the next week.
Sen. Chuck Grassley, R-Iowa, and Sen. Maria Cantwell, D-Wash., introduced a bill that would have future sections 232, 301 and 338 or International Emergency Economic Powers Act (IEEPA) tariffs expire after 60 days unless Congress were to approve the tariffs imposed by the president.
Lawmakers in the House of Representatives have introduced a bill to prevent the sale and import of fraudulent honey. The bill requires the FDA to create a formal definition and standard for honey and mandates the destruction of adulterated honey.
A resolution that would eliminate the fentanyl smuggling and migration emergency for Canada, and thereby end 25% and 10% tariffs on Canadian goods, passed the Senate April 2, 51-48.
The U.S. will impose additional 10% tariffs on most imports, but not on Mexican and Canadian goods, information goods like books, music or films, or any goods either subject to Section 232 tariffs or among goods that Trump is considering protecting under Section 232, including pharmaceuticals, copper, lumber, semiconductors, certain critical minerals, and energy and energy products.
President Donald Trump is imposing 10% tariffs on all imports other than those from Canada and Mexico, beginning April 5, according to a call detailing the reciprocal tariff actions ahead of the speech. These tariffs are not on top of Section 232 tariffs on autos and metals, a senior government official said on the call.
Sen. Tim Kaine, D-Va., called on the Senate to revoke what he called "the fake emergency" of drug smuggling and migration across the Canadian border, the pretext for imposing 25% tariffs on most Canadian goods and 10% tariffs on energy and potash fertilizer.
President Donald Trump, talking to reporters in the Oval Office, declined to say whether tariffs would be tailored to individual countries, or there would be a universal rate on all imports, saying that he'll let them know either Tuesday night, or probably April 2.
President Donald Trump described his phone call with Canadian Prime Minister Mark Carney as "extremely productive," in a social media post, adding "we agree on many things, and will be meeting immediately after Canada’s upcoming Election to work on elements of Politics, Business, and all other factors, that will end up being great for both the United States of America and Canada. Thank you for your attention to this matter!"