Donald Trump to impose auto tariffs soon, hints at reciprocal duty breaks

Quick Summary:

Trump’s comments at the White House Monday sowed further confusion about his plans for a sweeping tariff announcement scheduled for April 2.

While his plans mark a significant expansion of tariffs, people familiar with internal discussions said a more targeted package of duties was set to be put in place next week.

Trump also said he planned to proceed with sector-specific tariffs on lumber and semiconductors “down the road,” without elaborating.

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Category: BusinessFinance

Markets: IndiaVenezuela

Topics: Presidential polls Donald trump Canada Financial disclosure Cryptocurrency Truth Social Mexico Sources of income Bibles US elections Gold bars Us tariffs China US government US President

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-25 @ 07:28:13 (1 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 450 words

Reading Time: 3 minutes read

Sentences: 18 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 27306332

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About Business Standard

Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 250 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

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Publisher ID: #49

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