Published 5 days ago • loading... • Updated 3 days ago

Trump says chip, auto and pharmaceutical tariffs are coming

U.S. President Donald Trump announced that tariffs on automobiles could be imposed as soon as April 2 and may reach 25% on imports.
Trump believes that foreign tariffs on U.S. Goods are unfair and wants to help American manufacturers by introducing higher tariffs.
Ford CEO Jim Farley expressed support for Trump's focus on strengthening the U.S. Auto industry, while acknowledging potential chaos and costs from the proposed tariffs.
Trump stated that he seeks to create jobs through tariffs, despite concerns about inflation and potential market disruptions.

Insights by Ground AI

Does this summary seem wrong?

12 Articles

All

Left

Center

Right

Inquirer

Govt’s new auto incentives program to accept applications in April

MANILA, Philippines — The government’s planned incentives program for automotive vehicle manufacturers is expected to begin accepting applications in two to three months’ time, paving the way for more vehicle companies to get state support for their operations. Board of Investments (BOI) Manufacturing Industries Service Acting Director Ronaldo Buluran told the Inquirer that the implementation

3 days ago·Manila, Philippines

Read Full Article

The Independent

Trump threatens 25% tax on cars, microchips and drugs starting in April

The import taxes would have an immediate impact on inflation rates, which Trump has promised to bring down

3 days ago·London, United Kingdom

Read Full Article

Reforma

Trump previews 25% tariff on cars on April 2

Trump said the planned tariffs for cars would be around 25% and will be given until April 2 to decide on implementation.

3 days ago·Mexico City, Mexico

Read Full Article

supplychaindive.com

Trump says chip, auto and pharmaceutical tariffs are coming

Manufacturing news for industry leaders. Covering regulation, operations, labor and more

4 days ago

Read Full Article

Mexico News Daily

Trump: Automobile tariffs to come April 2

On Friday, U.S. President Donald Trump said that tariffs on automobiles could come as soon as April 2. Trump has so far withheld further details on the automobile tariffs, like how much they might be or which countries could be targeted. However, in an interview with Fox News on Feb. 10, the president threatened “big tariffs on [Mexican] cars.” In an interview with Fox News on Feb. 10, the U.S. president threatened “big tariffs on [Mexican] cars…

5 days ago·Mexico

Read Full Article