Trump threatens 25% tariffs on foreign cars and semiconductor chips

<p>White House has raised threat of levies as a means to bolster US economy, ignoring warnings trade wars could derail it</p><p><a href="https://www.theguardian.com/us-news/donaldtrump">Donald Trump</a> stood firm against warnings that his threatened trade war risks derailing the US economy, claiming his administration could hit foreign cars with tariffs of around 25% within weeks.</p><p>Semiconductor chips and drugs are set to face higher duties, Trump told reporters at a news conference on Tuesday.</p> <a href="https://www.theguardian.com/us-news/2025/feb/18/trump-tariffs-foreign-cars-semicondutor-chips">Continue reading...</a>