tradingkey.logo

US House speaker Johnson believes White House considering exemptions to reciprocal tariffs

ReutersFeb 12, 2025 5:28 PM

- Republican U.S. House of Representatives Speaker Mike Johnson said on Wednesday that he believes President Donald Trump is considering exemptions to reciprocal tariffs that include the automobile and pharmaceutical industries.

Trump told Republicans in a White House meeting last week that he was considering four exemptions to the reciprocal tariffs, including imported automobiles and pharmaceutical industries, according to a source briefed on the discussions.

"I think the White House does have a few categories that would be treated differently, and I expect those two would be among them," Johnson said. "But I'm not certain. You have to wait, ask the White House about that."

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Related Articles

KeyAI