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Trump plans to impose 25 percent tariffs on automobile and semiconductor imports
The US government could impose 25 percent tariffs on automobile, semiconductor and pharmaceutical imports.
According to Reuters and CBS News, President Donald Trump told reporters at his Mar-a-Lago estate that the tariffs on auto imports, specifically, will be "in the neighborhood of 25 percent" and that he'll reveal more details about them on April 2. Trump admitted that prices could go up in the US due to the higher tariffs on foreign goods, but the president believes it'll only be a short-term problem and that they will benefit the country's economy in the future. The biggest news stories this morning: Viktor Antonov, art director for Half-Life 2 and Dishonored, has died, Anyone in the US can now buy Nintendo’s Alarmo clock from the online store, Samsung Galaxy Watch 7 review.
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