These customized levies, expected to be finalized by April, are designed to rebalance trade relationships and target unfair practices, including subsidies, regulations, and exchange rate manipulation.

Trump calls it unfair that some countries apply higher tariffs to specific American goods than the U.S. applies back. A new executive order seeks to change that.

His campaign billed it as “an eye for an eye, a tariff for a tariff, same exact amount”. The approach taken has been broader. Officials said they would impose the levies on a “country by country” basis,