Trump Suggests 25% Tariffs on Auto, Chip, Pharma Imports, Reports Say | Global News Avenue

President Donald Trump is reportedly considering tariffs on 25% or more of the import of automobile, semiconductor and pharmaceutical products to the United States, the latest development in his efforts to reshape U.S. trade policy.

according to Wall Street JournalTrump told reporters on Tuesday that tariffs in these areas will be “near 25%” and may increase over the course of the year.

this journal The report said U.S. companies may get “phase phases”, which gives them time to transfer manufacturing domestically.

Bloomberg According to reports, Trump said he may announce tariffs on April 2. The government said the review of tariff policies will be a day before. The report said the U.S. imported about 8 million passenger cars and light trucks last year, accounting for half of the country’s car sales.

Trump recently signed an executive order, Delay in the implementation of mutual tariffs Examination in countries where tariffs are imposed on U.S. goods and 25% imports have been suspended for 1 month Mexico and Canada.

He has increased tariffs Chinese products Last week it was 10%, and last week announced that he would impose a 25% tariff on imported steel and aluminum, which is set to Take efficiencynext month.