US President Donald Trump, flanked by Speaker of the House Mike Johnson (L) and Louisiana Governor Jeff Landry (R), speaks in the Roosevelt Room of the White House in Washington, DC, March 24, 2025. South Korean auto giant Hyundai on Monday announced a new $21 billion investment in the United States over the next four years, which includes $5.8 billion for a new steel plant. The plant, which will be based in the US state of Louisiana, "will create 1300 American jobs," Hyundai executive chairman Eui Sun Chung told reporters at a White House event alongside President Donald Trump. (Photo by Brendan SMIALOWSKI / AFP) Photo by BRENDAN SMIALOWSKI/AFP via Getty Images
President Donald Trump could be signaling a softer tariff policy ahead of what he calls “Liberation Day” on April 2.
He told reporters at a March 24 news conference that he could “give a lot of countries breaks.” The president also said that tariffs could be less than other nations charge “because they’ve charged so much.”