Trump to add 25% tariffs on autos, pharma and chips


Source: cp24.com cp24.com

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President Donald Trump speaks to the media at Mar-a-Lago, Tuesday, Feb. 18, 2025, in Palm Beach, Fla. (Pool photo via AP) PALM BEACH, FLA. — U.S. President Donald Trump said on Tuesday he intends to impose auto tariffs “in the neighborhood of 25 per cent” and similar duties on semiconductors and pharmaceutical imports, the latest in a series of measures threatening to upend international trade. On Friday, Trump said levies on automobiles would come as soon as April 2, the day after members of his cabinet are due to deliver reports to him outlining options for a range of import...