Air Freight News

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

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.

Reuters
Reuters

Similar Stories

US, Australia sign Customs Mutual Assistance Agreement

CMAA enhances trade and security cooperation

View Article
https://www.ajot.com/images/uploads/article/CHINA-ECONOMY_6.JPG
‘China Shock 2.0’: EU primed for action?
View Article
Afreximbank Africa Trade Report shows Africa can turn geopolitical disruptions into long-term growth opportunity

The report highlights Africa’s continued growth resilience despite significant headwinds occasioned by escalating geopolitical tensions and ensuing economic shifts

View Article
https://www.ajot.com/images/uploads/article/Do%C4%9Fukan_%C5%9Eim%C5%9Fek%2C_General_Manager%2C_AVS_Global_Ship_Supply.jpg
Strait of Hormuz tensions highlight need to put seafarer welfare at the center of contingency planning, says AVS Global Ship Supply
View Article
Freight forwarders helped make Brexit-era UK–EU trade manageable

As the UK marks ten years since the Brexit referendum, the British International Freight Association (BIFA) is highlighting the vital role played by its members in helping businesses adapt to…

View Article
https://www.ajot.com/images/uploads/article/Thailand_launches_FastPass_program.jpg
Thailand launches FastPass program
View Article