Trump Signals Auto, Chip, Pharmaceutical Tariffs May Sit Around 25 Percent

A preliminary study is due to be completed on April 2 before the reciprocal tariffs are implemented.
Trump Signals Auto, Chip, Pharmaceutical Tariffs May Sit Around 25 Percent
Workers assemble cars at Ford's Assembly Plant in Chicago on June 24, 2019. Jim Young/AFP via Getty Images
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The United States may impose a 25 percent tariff on imports of automobiles, semiconductors, and pharmaceuticals as part of a reciprocal tariff plan, President Donald Trump said on Feb. 18.

On Tuesday, Trump told reporters at a press conference at his Mar-a-Lago home in Palm Beach, Florida, that the United States may impose a tariff of “in the neighborhood of 25 percent” on automobiles.

Austin Alonzo
Austin Alonzo
Reporter
Austin Alonzo covers U.S. political and national news for The Epoch Times. He has covered local, business and agricultural news in Kansas City, Missouri, since 2012. He is a graduate of the University of Missouri. You can reach Austin via email at [email protected]
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