Trump suggests 25% tariffs on autos, pharma and semiconductors that could go even higher
Headline from NBC 5 Dallas-Fort Worth
In remarks to reporters Tuesday, Trump said the duties would be around 25% and “go very substantially higher over a course of a year.”
NBC 5 Dallas-Fort Worth's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
President Donald Trump is planning to impose 25% tariffs on imported automobiles as well as tariffs at a similar level on pharmaceutical imports and semiconductors.
President Donald Trump is considering tariffs of 25% or more on automobiles, semiconductors and pharmaceutical products imports into the U.S., according to reports.
President Donald Trump threatened to place a tariff of around 25% on cars imported into the United States, a policy that could raise prices on cars from most automakers – including American car brands – almost immediately after the tariffs are imposed.