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Now, the US President Donald Trump says he will be very kind to trading partners
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when he unveils further tariffs this week. Trump's saying he could announce what reciprocal tariffs there will be as early as Tuesday night there
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The move risking global turmoil to address what he says unfair trade imbalances
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Trump saying the US has been ripped off by every country in the world
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as he promises Liberation Day for the United States. Well, earlier we spoke to a correspondent in Washington
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Fraser Jackson. Speaking to the advisors and the people around Donald Trump
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you get the sense that they don't really know what is going to be put into effect as well
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The idea that we are getting really is that Donald Trump has been advised by his advisors
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like Peter Navarro, the trade, one of his chief trade councils, and some other members of the trade organization as well here in the United States
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But ultimately, the main decision is up to Donald Trump and to whatever he feels like
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So we asked Caroline Leve at the press secretary earlier about individual carve-outs for countries
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I'm thinking, of course, especially about Canada and Mexico, bearing in mind that there already been tariffs imposed on those countries that were delayed and they are due to expire those delays in the next couple of days So whether they will be prolonged is what we also looking
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at. But of course, we're also thinking about the UK, the EU, as well as other close allies
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of the United States, including South Korea and Japan. They are all basically pushing for
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individual carve-outs. Caroline Levitt said that at the moment there's no plan for individual
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carve-outs. So it really is looking like this could be a widespread
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approach by Donald Trump. And effectively, the not knowing is making people brace for the worse, and it's having a
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significant impact on the markets as well. Indices in both Asia and Europe are closing negatively overnight, as this kind of cloud hangs
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over us at the moment. This announcement is going to be coming on the 2nd of April at the first Rose Garden event
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of this administration, with the full cabinet in. in attendance, and we are expecting to hear exactly what those tariffs are going to be at that event
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But there's also been some speculation and rumour, even from Donald Trump himself
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that the tariffs could actually have already been imposed at that point, having gone into effect at midnight from the night of the first into the second
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Frater Jackson there, our correspondent in Washington
