Trump: "Differentiated Tariffs Will Be Imposed on Countries Worldwide"...Reaffirms Application of Trade Act Section 301

Securing U.S. Investments and Purchases of American-Made Products

On March 3 (local time), U.S. President Donald Trump announced that he would introduce new differentiated tariffs for countries around the world. He reaffirmed his position that tariffs would be imposed by country and by item in accordance with Section 301 of the Trade Act and Section 232 of the Trade Expansion Act.

President Trump, responding to reporters' questions during a meeting with German Chancellor Friedrich Merz at the White House in Washington, D.C. that day, stated, "We have a period of up to five months during which 'global tariffs' can be imposed, and during this time, the rate can go up to a maximum of 15%." He added, "We are conducting various studies and will announce the imposition of different tariffs for each country."

This means that, in order to replace the reciprocal tariffs invalidated by the Supreme Court ruling, global tariffs of 10-15% will be imposed for 150 days in accordance with Section 122 of the Trade Act, and during this period, tariffs will also be applied under Section 301 of the Trade Act and Section 232 of the Trade Expansion Act.

President Trump also emphasized, "All countries already want to conclude what they have-or, in other words, what we have," adding, "They want to reach the same deal by having me use different authorities."

Although the imposition of reciprocal tariffs has been rendered invalid by the Supreme Court decision, President Trump stated that he expects countries around the world to honor existing trade agreements. Previously, various governments had pledged large-scale investments in the United States and purchases of U.S. products as conditions for lowering reciprocal tariffs. It appears that President Trump intends to enforce this by exercising his executive authority to impose global tariffs, as well as tariffs under the Trade Act and the Trade Expansion Act.

President Trump said, "We will somewhat raise the tariff rates," and expressed optimism, saying, "They want to stick to that agreement, so we will probably be able to do this quite easily."

This content was produced with the assistance of AI translation services.