Trump says he may impose auto tariffs of around 25%

Washington — President Trump said Tuesday that he could impose hefty tariffs on automobile imports, but said he would have more to say in early April. 

"I probably will tell you that on April 2, but it'll be in the neighborhood of 25%," Mr. Trump told reporters at Mar-a-Lago, in Palm Beach, Florida.  

The president also mentioned tariffs on pharmaceuticals and semiconductor imports that he said would be "25% and higher — and it'll go very substantially higher over course of a year."