US planning to exclude sector-specific tariffs on April 2, Bloomberg News, WSJ report


  • World
  • Monday, 24 Mar 2025

U.S. President Donald Trump arrives at Philadelphia International Airport in Philadelphia, Pennsylvania, U.S., March 22, 2025. REUTERS/Nathan Howard/File Photo

(Reuters) - U.S. President Donald Trump's administration is likely to exclude a set of sector-specific tariffs while applying reciprocal levies on April 2, Bloomberg News and the Wall Street Journal reported, citing officials.

Trump said in February that he intended to impose auto tariffs "in the neighborhood of 25%" and similar duties on semiconductors and pharmaceutical imports, but he later agreed to delay some auto tariffs after a push by the three largest U.S. automakers for a waiver.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In World

EU says it strongly condemns U.S. visa ban on European individuals
Putin has been briefed on U.S. proposals for Ukraine peace plan, the Kremlin says
Zelenskiy seeks meeting with Trump to hammer out issue of territory
Myanmar's decade of turmoil: elections, coup and conflict
Bangladesh leader seen as likely next prime minister set to return from exile ahead of polls
South Korea special prosecutor indicts ex-president Yoon over opinion polls
Coup leader expected to stay in power in Guinea presidential vote
Thailand's Anutin picked as PM candidate in 'consequential' February polls
France condemns US visa ban imposed on ex-EU commissioner Breton
Libya army chief of staff killed in jet crash near Ankara after fault reported, Turkish official says

Others Also Read