President Donald Trump is at it again, this time floating the idea of slapping fresh 25% tariffs on automobiles, semiconductors, and pharmaceuticals. The official word could come as soon as April 2, adding another layer to his ever-expanding trade battles. This latest move follows steel and aluminium duties set to kick in next month, signalling that the protectionist push is far from over. Speaking from his Mar-a-Lago resort, Trump hinted that the levies on semiconductors and pharmaceuticals could go even higher over time. His message to companies was blunt: set up shop in the US or get taxed. To soften the blow, he suggested businesses would get a grace period before the full tariffs take effect. With these remarks, Trump has made it clear that his trade policy is only getting tougher. Investors, global supply chains, and trading partners might want to brace for impact.Data
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