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In a significant announcement on March 25th, U.S. President Trump revealed impending **tariff measures** aimed at various industries, including **automobiles** and **pharmaceuticals**. During a cabinet session, Trump confirmed that the forthcoming **automotive tariffs** would soon be detailed, noting the previously established **steel and aluminum tariffs**. He articulated the necessity of controlling the **pharmaceutical sector**, indicating that tariffs specific to this industry would also be unveiled shortly.
Moreover, the President highlighted that additional tariffs could target sectors like **lumber** and **semiconductors**, suggesting a sweeping approach to trade regulations. The timing of these industry-specific tariffs remains uncertain, particularly regarding their alignment with the retaliatory tariffs effective from April 2nd. Earlier, Trump had imposed a **25% tariff** on imports from Venezuela, further emphasizing his administration’s aggressive stance on international trade.
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