WASHINGTON -- President Donald Trump's much-touted plan for reciprocal tariffs is likely to focus on a limited number of economies with non-tariff barriers and large trade surpluses with the U.S., with Japan, the European Union, Canada and Mexico expected to be in the crosshairs.

Trump has pledged to unveil his new tariffs on April 2, dubbing the event “liberation day”, and prompting a race by foreign countries to lobby his administration’s top officials for exemptions. Trump on Monday vowed to impose “substantial” tariffs on the US’s trading partners, even as he suggested he may “give a lot of countries breaks”.

By Andrea Shalal, David Lawder and Timothy Gardner WASHINGTON (Reuters) - U.S. President Donald Trump said on Monday automobile tariffs are coming soon even as he indicated that not all of his threatened levies would be imposed on April 2 and some countries may get breaks,

President Donald Trump and his administration have been promoting April 2 as a kind of tariffs Super Bowl, during which all of his many promised import taxes will go into effect. But as he has demonstrated many times before,