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Trump signals 25 percent tariffs coming on cars, semiconductors and pharmaceuticals

President Donald Trump plans to impose 25% tariffs on auto imports, semiconductors, and pharmaceuticals starting as early as April 2, 2025.
These tariffs are anticipated to impact consumer prices and could lead companies to establish U.S. Factories to avoid taxes.
Asian stocks fell after Trump's announcement, highlighting escalating trade tensions and uncertainty in international markets.
Economists warn that the new tariffs could raise prices, especially for automobiles, impacting consumers and businesses significantly.

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Schweizer Radio und Fernsehen (SRF)

US trade tariffs - Donald Trump sees the world through the customs glasses

For the US President, the world consists of "bad" countries with – and "good" without a trade deficit.

1 day ago·Zürich, Switzerland

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MedPage Today

Trump Plans to Impose Tariffs on Pharmaceuticals. Here's What to Know.

(MedPage Today) -- Medical professionals in the U.S. and worldwide came to understand the global nature of medical supply chains during the COVID-19 pandemic. Shortages of personal protective equipment (PPE), SARS-CoV-2 testing supplies, medications...

1 day ago·New York, United States

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Alternet

Trump tariffs reveal the GOP's 'top priority': critics

The national campaign Unrig Our Economy said Wednesday that U.S. President Donald Trump's promise of tariffs targeting the automobile industry, pharmaceuticals, and semiconductor chips is just the latest evidence that elected Republicans are prioritizing megarich individuals and corporations, not working people. "This action is further proof that Republicans' top priority is making working- and middle-class families pay more for healthcare, life…

1 day ago·Washington, United States

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laverita.info

The US relaunches the weapon of tariffs: “25% on drugs, chips and cars”

The measure is effective as of April 2. Italy would be particularly penalized by sanctions on medicines, a key sector for our exports. But the threat may be a move by Trump to open the negotiations. Donald Trump returns to wave the weapon of tariffs. The strategy seems to be the one pursued by...

1 day ago

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LewRockwell.com

Trumpian Tariffs - LewRockwell

Tariffs are, of course, taxes. Just the same as other taxes called by different names, such as the Social Security “contributions” workers are forced to make. Changing names does not change the effect. Assuming the taxes are imposed. But – as regards the taxes called tariffs – what if they are threatened rather than actually imposed? Trump has used the threat of tariffs to coerce foreign leaders to accede to his demands, as for instance that the…

1 day ago

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NDTV

Donald Trump Plans To Impose New Tariffs "Over Next Month". What's On Target

US President Donald Trump is planning to announce tariffs on more products as he pushes to shrink America's trade deficits, boost domestic manufacturing and achieve other policy goals. According to the President, new levies will imposed on cars, semiconductors, and pharmaceuticals "over the next month or sooner". The Trump administration has already announced a plan to start imposing 25 per cent tariffs on all steel and aluminium imports on Mar…

2 days ago·New Delhi, India

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