• About
  • Advertise
  • Privacy & Policy
  • Contact
HK Businesswire
  • Home
  • News
    • All
    • Business
    • Politics
    • PR Newswire
    • Science
    • World

    Gaza officials say Israeli strike on port kills six

    QNET Unveils New Leadership Team to Accelerate Growth and Shape the Future of Direct Selling

    Piramal Pharma Limited Completes Acquisition of Controlling Stake in Yapan Bio Private Limited

    Fleets That Get Onboarding Right See 3X Driver Buy-In on Safety Tech

    /C O R R E C T I O N — Rayence/

    When AI art has no author: Study finds generated images often can’t be traced to training data

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • PR Newswire
  • Business
  • World
  • Entertainment
  • Sports
  • Tech
    • All
    • Apps
    • Gadget
    • Mobile
    • Startup

    Alipay Launches Domestic Full-Stack Intelligent Agent Platform in Hangzhou

    HKT Posts 4% Profit Rise Amid Steady Local Recovery and AI-Driven Demand

    Alipay Launches AI-Powered Version ‘Abao’ to Streamline Services

    Xiaohongshu Prepares Confidential Hong Kong IPO Filing

    SpaceX Raises $75 Billion in Historic IPO Amid $350 Billion Investor Demand

    Chinese firms double down on tech: Xiaomi, Haier

    Xiaomi Launches MiMo Code AI Programming Assistant to Enter Coding Agent Market

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
  • Feature
No Result
View All Result
  • Home
  • News
    • All
    • Business
    • Politics
    • PR Newswire
    • Science
    • World

    Gaza officials say Israeli strike on port kills six

    QNET Unveils New Leadership Team to Accelerate Growth and Shape the Future of Direct Selling

    Piramal Pharma Limited Completes Acquisition of Controlling Stake in Yapan Bio Private Limited

    Fleets That Get Onboarding Right See 3X Driver Buy-In on Safety Tech

    /C O R R E C T I O N — Rayence/

    When AI art has no author: Study finds generated images often can’t be traced to training data

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • PR Newswire
  • Business
  • World
  • Entertainment
  • Sports
  • Tech
    • All
    • Apps
    • Gadget
    • Mobile
    • Startup

    Alipay Launches Domestic Full-Stack Intelligent Agent Platform in Hangzhou

    HKT Posts 4% Profit Rise Amid Steady Local Recovery and AI-Driven Demand

    Alipay Launches AI-Powered Version ‘Abao’ to Streamline Services

    Xiaohongshu Prepares Confidential Hong Kong IPO Filing

    SpaceX Raises $75 Billion in Historic IPO Amid $350 Billion Investor Demand

    Chinese firms double down on tech: Xiaomi, Haier

    Xiaomi Launches MiMo Code AI Programming Assistant to Enter Coding Agent Market

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
  • Feature
No Result
View All Result
HK Businesswire
No Result
View All Result
Home News Business

White House promises ‘big tariffs’ on April 2

Xenia. W by Xenia. W
20 March 2025
in Business, News
0
White House promises ‘big tariffs’ on April 2
0
SHARES
3
VIEWS
Share on FacebookShare on Twitter
The White House on Thursday vowed to impose “big tariffs” on April 2 when US President Donald Trump is to unveil reciprocal levies in a major escalation of his trade war.

Press Secretary Karoline Leavitt’s comments came days after Treasury Secretary Scott Bessent said that Washington is expected to present other countries with a number representing their tariff and other barriers.

Bessent’s remarks had suggested a possible delay in the activation of some duties.

But Leavitt told reporters that Trump has been “very clear about his intention for April 2.”

“There will be big announcements when it comes to reciprocal trade,” she said.

“And the president will be highlighting the unfair trade practices, the ways in which America has been ripped off by every country around the world, quite frankly.”

“There will be big tariffs that will be going into effect,” she added.

Trump has promised reciprocal duties on both US allies and competitors from April 2, although the exact details of this plan have yet to be released.

Bessent had told Fox Business’ Maria Bartiromo that on the day, “each country will receive a number that we believe represents their tariffs.”

“We are going to go to them and say, look, here’s where we think the tariff levels are, non-tariff barriers, currency manipulation, unfair funding, labour suppression,” he added.

If countries stop their practices, Bessent said, “we will not put up the tariff wall.”

He also said at the time that some duties may not have to go on as a deal “is pre-negotiated,” or because countries swiftly approach Washington for talks. (AFP)

Tags: BusinessFinance
Xenia. W

Xenia. W

Xenia is a Hong Kong–based writer and content creator focusing on financial markets, policy and the city’s evolving economic landscape. With over ten years of experience in higher education and tourism‑related projects, she specialises in transforming complex information into clear, reader‑friendly insights for both professional and general audiences. ​ Drawing on a background in bilingual Chinese–English translation and editing, Xenia writes across topics including Hong Kong and US stocks, market structure, macro trends and how policy shifts affect everyday investors.

Read More

SuperX’s Japan Global Supply Center has Delivered Pro6000 Servers Worth US$31 Million and Secured New Orders

19 August 2026

CN Energy Group Announces Commencement of Production from Oil Well Investment Project in Cold Lake, Alberta

19 August 2026
  • Trending
  • Comments
  • Latest
Elite Robots Collaborates with Generalist AI on Next-Gen Embodied AI

Elite Robots Collaborates with Generalist AI on Next-Gen Embodied AI

21 July 2026

Flu, Covid outbreaks yet to peak: expert

26 July 2026

China has potential to lead global humanoid robotics: Founder of EngineAI

2 August 2026

YY Group Holding Launches YY Logitech Pte. Ltd. to Accelerate Next-Generation Supply Chain Solutions

11 August 2026

Gaza officials say Israeli strike on port kills six

18 August 2026

QNET Unveils New Leadership Team to Accelerate Growth and Shape the Future of Direct Selling

18 August 2026

Piramal Pharma Limited Completes Acquisition of Controlling Stake in Yapan Bio Private Limited

18 August 2026

Fleets That Get Onboarding Right See 3X Driver Buy-In on Safety Tech

18 August 2026

Recent News

Gaza officials say Israeli strike on port kills six

18 August 2026

QNET Unveils New Leadership Team to Accelerate Growth and Shape the Future of Direct Selling

18 August 2026

Piramal Pharma Limited Completes Acquisition of Controlling Stake in Yapan Bio Private Limited

18 August 2026

Fleets That Get Onboarding Right See 3X Driver Buy-In on Safety Tech

18 August 2026
HK Businesswire

Stay ahead with the latest insights on Hong Kong’s economy, finance, and investments. From market trends to policy updates, we bring you in-depth analysis and expert opinions.

📩 Subscribe to our newsletter for exclusive updates.
📍 Follow us on social media for real-time news.
📧 Contact us: info@hongkong-invest.com

Follow Us

  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2025 by HKBusinesswire.com

No Result
View All Result

© 2025 by HKBusinesswire.com