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International Business Times
International Business Times
World

Trump Says US Auto Tariffs To Be Around 25%

Donald Trump United States European Union Semiconductor
Experts have warned it is often Americans who end up paying the cost of tariffs on imports (Credit: AFP)

US President Donald Trump expanded his offensive against trading partners on Tuesday, threatening 25 percent tariffs on imported cars, and similar or higher duties on pharmaceuticals and semiconductors.

Trump has announced a broad range of levies on some of the biggest US trading partners since taking office in January, arguing that they will help tackle unfair practices -- and in some cases using the threats to influence policy.

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