U.S. President Donald Trump revealed plans to impose additional tariffs on cars, timber, and semiconductors, in a step aimed at boosting domestic industry and protecting the American economy.
Trump indicated that some countries may receive exemptions from these tariffs, but he did not specify the criteria that would be used to grant these exemptions. He also clarified that the tariffs imposed on trade with Venezuela would be integrated with the existing tariffs, which could lead to increased costs on imports coming from that country.
Trump confirmed that not all tariffs would be implemented at once on April 2, suggesting the possibility of a gradual application or according to a specific timetable.
This announcement is part of a broader trend to reduce reliance on foreign imports and enhance local manufacturing, which could directly impact global markets and companies dealing with the United States.