Trump muses tariff relief for automakers, begins process for semiconductor and pharmaceutical levies

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Open this photo in gallery: U.S. President Donald Trump waits to greet El Salvador's President Nayib Bukele at the White House, on April 14, in Washington.Manuel Balce Ceneta/The Canadian Press U.S. President Donald Trump is floating potential tariff relief for auto companies while launching the process to impose levies on imports of semiconductors and pharmaceuticals, amid mounting uncertainty over the direction of his global trade war. Speaking at the White House on Monday, Mr. Trump said auto manufacturers that source parts from Canada and Mexico “need a little bit of time” to reorganize supply chains to produce more in the...