Trump Promises Tariffs on More Industries
- Donald Trump announced that new reciprocal tariffs will take effect on April 2, excluding sector-specific tariffs, according to the Wall Street Journal and Bloomberg News reports.
- The Constitutional Court of South Korea reinstated Prime Minister Han Duck-soo after striking down his impeachment, revealing tensions over judicial appointments.
- Morgan Stanley increased its 2025 GDP forecast for China to 4.5%, citing strong economic data, despite concerns over the impact of U.S. Tariffs.
- Stocks showed slight gains amid concerns about tariffs, with analysts noting that 'tariffs anxiety will likely cap upside ahead of April 2nd.
37 Articles
37 Articles
Trump pledges auto, pharma tariffs soon, hints at reciprocal tariff breaks as nations cut deals
US President Donald Trump has pledged to impose tariffs on automobiles and pharmaceuticals soon and has hinted at giving breaks from reciprocal tariffs to nations the United States is in talks with at the moment, such as India
Trump Promises Tariffs on More Industries
President Donald Trump on Monday said he will soon announce tariffs targeting automobiles, pharmaceuticals and other industries, signaling his plans to pile more sweeping duties on top of his forthcoming “reciprocal tariffs,” CNBC reports.
Trump pledges auto, pharma tariffs in ‘near future,' sowing more trade confusion
President Donald Trump said he will soon announce tariffs targeting automobiles and pharmaceuticals. Trump later added the lumber and semiconductor industries to his list. It was unclear whether the newly announced sector-specific tariffs would take effect after the tit-for-tat “reciprocal tariffs,” which are set for April 2. The president’s latest comments at a Cabinet meeting came hours after he unveiled a plan to slap 25% tariffs on all count…


Trump administration reportedly planning to exclude sector-specific tariffs on April 2
The White House was still planning to unveil reciprocal tariff measures on that day, although planning remains fluid, Bloomberg News and the Wall Street Journal reported, citing officials
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