Reciprocal tariffs will go into effect – perhaps as soon as April – but they will be limited to a dozen or so countries, Bloomberg and the Journal reported. The countries that first face the reciprocal tariffs will perhaps be the 15% of nations that Treasury Secretary Scott Bessent, speaking on Fox Business last week, labeled “the Dirty 15” – countries that he says persistently treat the United States unfairly in their trading practices. Those trading partners could include Australia, Brazil, Canada, China, the European Union, India, Japan, South Korea, Mexico, Russia and Vietnam, according to the Journal.

