The U.S. Is Tiptoeing Away From Many of Trump's Signature Tariffs - WSJ
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The Trump administration is quietly watering down some of the tariffs that underpin the presidents signature economic policy.
President Trump in recent weeks has exempted dozens of products from his so-called reciprocal tariffs and offered to carve out hundreds more goods from farm products to airplane parts when countries strike trade deals with the U.S.
The offer to exempt more products from tariffs reflects a growing sentiment among administration officials that the U.S. should lower levies on goods that it doesnt domestically produce, say people familiar with administration planning. That notion has been emerging over time within the administration, said Everett Eissenstat, deputy director of the National Economic Council in Trumps first term. There is definitely that recognition.
The move comes ahead of a Supreme Court hearing in early November on the reciprocal tariffsa case that could force the administration to pay back many of the levies if it loses in court. The White House, Commerce Department and U.S. Trade Representatives office didnt respond to requests for comment.