Trump Says He Could Give Tariff Breaks to ‘a Lot of Countries’

Tariff announcements on automobiles, pharmaceuticals, lumber, and semiconductors are coming soon, the president says.

President Donald Trump speaks to reporters at the White House on March 21, 2025. Bryan Dozier/Middle East Images/AFP via Getty Images

President Donald Trump might approve breaks for countries when the United States imposes reciprocal tariffs in April.

Speaking to reporters at a news conference announcing a $21 billion investment from South Korea-based automaker Hyundai, Trump stated that the planned April 2 tariffs are “going to be everything.”