President Donald Trump said he would likely impose tariffs on automobile, semiconductor and pharmaceutical imports of around 25%, with an announcement coming as soon as April 2.
The new duties, if implemented, would widen the president’s trade war. Trump previously announced 25% tariffs on steel and aluminum that are set to take effect in March, but Tuesday’s comments are his most detailed yet in specifying other sectors that would be hit with fresh barriers.
"I probably will tell you that on April 2, but it’ll be in the neighborhood of 25%,” Trump told reporters at his Mar-a-Lago club when asked about his plan for auto tariffs.
With your current subscription plan you can comment on stories. However, before writing your first comment, please create a display name in the Profile section of your subscriber account page.