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Trump says auto tariffs coming around April 2

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There is no need for one country to control the semiconductor industry, which is complex and needs a division of labour, Taiwan's top technology official said on Saturday after U.S. President Donald Trump criticised the island's chip dominance.
In an interview aired on February 14, 2025, former U.S. President Donald Trump announced that he plans to impose tariffs on automobiles, with the implementation expected around April 2, 2025. Trump, who has been critical of the current administration's trade policies, stated that these tariffs are aimed at protecting American auto manufacturers from what he perceives as unfair trade practices by other countries. He emphasized that the move would help to level the playing field for domestic producers and could potentially lead to negotiations for better trade deals. This announcement comes amidst ongoing debates about trade protectionism and its impact on global automotive markets.

Read the Full Reuters Article at:
[ https://www.reuters.com/business/autos-transportation/trump-says-auto-tariffs-coming-around-april-2-2025-02-14/ ]