FILE PHOTO: A cargo ship full of shipping containers is seen at the port of Oakland, as trade tensions escalate over U.S. tariffs, in Oakland, California, U.S., March 6, 2025. REUTERS/Carlos Barria/File Photo
WASHINGTON (Reuters) - President Donald Trump's reciprocal tariffs planned for April 2 will impose one rate for each country that will reflect tariffs and non-tariff measures imposed on the U.S., White House trade adviser Peter Navarro told CNBC in an interview on Friday.
"The concept here is one number-one number that reflects, in the aggregate, the unfairness embedded in the higher tariffs and non-tariff barriers that countries impose on us," Navarro said, adding that tariff actions will be at the industry level as well as country-specific investigations.
(Reporting by Andrea Shalal and Susan Heavey)
