Trump threatens new 25% tariffs on all auto, drug and semiconductor imports

US President Donald Trump has floated the concept of slapping import duties on all imports of automobiles, prescribed drugs and chips, saying to reporters that he might make a proper announcement on April 2. The brand new tariffs are purported to encourage firms to fabricate their items in the US, and will significantly widen the scope of Trump’s commerce battle. Additionally on this version: the EU mulls easing its fiscal guidelines so as to enable for a rise in defence spending.



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