U.S. President Donald Trump said on Tuesday he intends to impose auto tariffs "in the neighborhood of 25%" and similar duties on semiconductors and pharmaceutical imports, the latest in a series of measures threatening to upend international trade.

The trade threats could reduce exports to the United States and dampen investment in Europe, dealing a blow to growth at a time when the continent is already facing a lackluster economy.

WASHINGTON—President Trump on Tuesday said he was considering tariffs of 25% or more on automobiles, semiconductors and pharmaceutical products. Here’s what we know: The tariffs on those industries may increase over time,

U.S. President Donald Trump said on Tuesday auto tariffs will be around 25% and he will have more to share on the topic on April 2.

Here’s what you need to know about reciprocal tariffs and who might be impacted by Trump’s plan. Reciprocal tariffs refer to tariffs—the taxes charged on imported goods—the U.S. government plans to levy against global trading partners that are equal to the existing tariffs foreign countries have set against American goods.

Commission President Ursula von der Leyen said unjustified tariffs would prompt "proportionate and decisive countermeasures", echoing her vow on Tuesday of a "firm and proportionate" response to Trump's decision to impose tariffs on all steel and aluminum imports.

TRUMP'S TREASURY SECRETARY SHUTS DOWN ANY TARIFF CONCERNS, PRAISES ‘FRICTIONLESS GLOBAL TRADE’ Trump has been busy pursuing other tariffs since taking office as well. He inked

U.S. President Donald Trump on Tuesday said he would probably announce 25% tariffs on imports of cars, semiconductors and pharmaceuticals on April 2, marking a widening of targeted sectors after previously imposing levies on imports of steel and aluminum.