President Donald Trump said Monday that he will announce tariffs on automobiles, aluminum and drugs in the near future.
Speaking to a White House reporter, Trump said the US would need all of these products if there were issues, including war.
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This week, the US team in India will discuss tariff reductions ahead of April 2nd.
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“We’ve been fooled by all countries,” Trump said as he hosted a cabinet meeting.
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Speaking at the same meeting, Commerce Secretary Howard Lutnick said on April 2, when Trump targeted the imposition of large amounts of tariffs, the US would launch what he calls “external revenue services.” In-US Income Services collects taxes from Americans.
