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Trump says he will soon announce tariffs on autos, aluminum, pharmaceuticals

March 24, 2025 12:35 PM EDT

FILE PHOTO: U.S. President Donald Trump's delivers a speech to a joint session of Congress, in the House Chamber of the U.S. Capitol in Washington, D.C., U.S., March 4, 2025. REUTERS/Evelyn Hockstein/File Photo/File Photo

WASHINGTON (Reuters) -U.S. President Donald Trump said on Monday he will in the very near future announce tariffs on automobiles, aluminum and pharmaceuticals.

Speaking to reporters at the White House, Trump said the United States would need all those products if there were problems including wars.

"We've been ripped off by every country," Trump said as he presided over a meeting of his Cabinet.

Commerce Secretary Howard Lutnick, speaking at the same meeting, said that on April 2, which Trump has targeted to impose a slew of tariffs, the United States will launch what he called "the external revenue service." The U.S. Internal Revenue Service collects taxes from Americans.

(Reporting by Andrea Shalal, Jasper Ward and Steve Holland; Editing by Doina Chiacu and Chizu Nomiyama)



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