President Donald Trump has announced that the 200% tariffs, which are supposed to go into effect on April 2, will no longer apply to certain items. It was reported that the tariffs would likely omit a set of industry-specific tariffs while applying reciprocal levies on a targeted set of nations.

U.S. President Donald Trump still intends for new reciprocal tariff rates to take effect on April 2, the White House said on Tuesday, despite earlier comments from Treasury Secretary Scott Bessent that indicated a possible delay in their activation.

Experts on global trade have big doubts about the Trump administration’s plan for widespread reciprocal tariffs, as well as the rhetoric in support of it.