TRUMP TO IMPLEMENT RECIPROCAL TARIFFS ON APRIL 2—AUTO, SEMICONDUCTOR, AND PHARMA LIKELY
The Trump administration is set to roll out reciprocal tariffs on April 2, aiming to address trade imbalances. However, reports suggest autos, semiconductors, and pharmaceuticals may be exempt from the new duties.
Trump initially proposed a 25% tariff on auto imports but has delayed the move after pushback from U.S. automakers.
Despite these exclusions, the reciprocal tariff plan remains on track, reinforcing Trump’s "America First" trade agenda.
Stay tuned as details unfold on this major policy shift!
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