Trump Signals Auto, Chip, Pharmaceutical Tariffs May Sit Around 25 Percent
A preliminary study is due to be completed on April 2 before the reciprocal tariffs are implemented. The United States may impose a 25 percent tariff on imports of automobiles, semiconductors, and pharmaceuticals as part of a reciprocal tariff plan, President Donald Trump said on Feb. 18. On Tuesday, Trump told reporters at a press