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US President Donald Trump, US Secretary of State Mark Rubio and Tesla CEO Elon Musk, attending the Cabinet of Ministers at the White House, in Washington, Colombia District, March 24, 2025.
Carlos Bari | Reuters
President Donald Trump On Monday, he said he would soon announce tariffs directed at cars, pharmaceuticals and other industries, signaling his plans to recruit broader responsibilities except the future ‘”mutual tariffs“
“We quickly announce the machines,” Trump said at the Cabinet meeting. “We have already announced how you know, aluminum.”
“At some point, we will announce pharmaceuticals,” he said, “because we must have pharmaceuticals.”
“So, we will announce some of these things soon, not in the near future,” Trump said.
Trump added to the next White House event later on Monday added to his list of lumber and semiconductor industries, saying the tariffs for these two sectors will come “down”.
But even when he scored new sectors for potential tariffs, Trump said at the same event that he “could give many countries” at mutual tariffs, which should come into force on April 2.
Upon pressing the explanation whether the branch tariffs will begin on this day, Trump initially said: “Yes, that’s all.”
Then he said, “But not all tariffs are included on this day.”
He also hinted that Auto tariffs could be announced before mutual tariffs began.
“We will probably announce that it will come quite soon, and then it will come on April 2, it will be mutual tariffs,” he said.
The Wall Street Journal report Sunday that the White House is most likely the same day.
The last presidential comments came a few hours after he promised to hit 25% tariffs In all countries that buy oil and gas in Venezuela.
“We were thwarted by every country in the world,” Trump said at the Cabinet meeting.
“We did something from Venezuela, which is long in the creation,” he said. “And we quickly announce the cars.”
Earlier on Monday, the White House official said CNBC that tariffs aimed at certain sectors “may happen, or maybe.”
“The final decision was not made when the branch attraction to mutual,” said an official who acted under anonymity.
The main stock indexes On Monday after the message that Trump may soften his tariff plans.
The official did not immediately respond to CNBC request to an additional comment after Trump’s comments at a session of the Cabinet.
