12:33 PM EDT, 03/26/2025 (MT Newswires) -- US President Donald Trump could announce auto tariffs as soon as Wednesday, Bloomberg reported Wednesday, citing people familiar with the matter.

President Trump had previously indicated that he would share details on auto levies before his planned April 2 rollout of sweeping reciprocal tariffs against other nations, the report said.

Bloomberg said one of its sources cautioned that the timing of the tariffs announcement could change.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)