Trump Reportedly Mulling 25% Tariff on Automobile, Pharmaceutical, Semiconductor Imports-March 2024-www.financetom.com

Trump Reportedly Mulling 25% Tariff on Automobile, Pharmaceutical, Semiconductor Imports

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Trump Reportedly Mulling 25% Tariff on Automobile, Pharmaceutical, Semiconductor Imports

Feb 19, 2025 3:00 AM

05:43 AM EST, 02/19/2025 (MT Newswires) -- US President Donald Trump is mulling a 25% tariff on automobile, pharmaceutical and semiconductor chip imports, several news outlets reported Wednesday.

According to the reports, Trump said more details on the automotive tariffs will be released on April 2. The president did not disclose a similar timeline for the pharmaceutical and semiconductor tariffs.

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