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Spazito

(55,154 posts)
Mon Mar 24, 2025, 12:06 PM Mar 24

Some industries may be spared from next round of U.S. tariffs despite Trump threats

White House official lowers expectations around new sectoral tariffs starting April 2

It appears some key industries facing the threat of new U.S. tariffs may be spared from President Donald Trump's next shot in his global trade war — at least for the moment.

Speaking on background, a White House official told CBC News that despite Trump's repeated threats about sector-specific tariffs, they may not actually happen next month.

"Obviously POTUS has talked a lot about sectoral tariffs, but we may have sectoral tariffs on April 2 and we may not," the official said in an email.

snip

For example, Trump said in February that he intended to impose auto tariffs "in the neighbourhood of 25 per cent" and similar duties on semiconductors and pharmaceutical imports, but he later agreed to delay some auto tariffs after a push by the three largest U.S. automakers for a waiver.

Trump's whirlwind tariff offensive since his January inauguration has been marked by threats, reversals and delays, sometimes within hours of imposition deadlines.

more

https://www.cbc.ca/news/world/trump-sectoral-tariffs-april-2-change-1.7491544

Same shit, different day.

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