Trump Considers Expanding Tariffs to Key Sectors, Including Autos and Pharma

The U.S. president has proposed 25% tariffs on imports in strategic industries while continuing trade disputes with China and the EU.

President Donald Trump has announced plans to impose 25% tariffs on imported automobiles, semi-conductors, and pharmaceutical products, with a decision expected by April 2.
Trump has emphasized the tariffs aim to reduce the U.S. trade deficit and encourage foreign companies to establish manufacturing plants in the United States.
Additional tariffs of 10% on all Chinese imports and reciprocal tariffs on other trade partners have been implemented as part of his broader trade policy.
China and the European Union have criticized the measures, with the EU promising a swift response if additional tariffs are imposed on European goods.
Industry groups, including German automakers, warn that the proposed tariffs could increase consumer prices and exacerbate inflation in the United States.