Trump's New Tariff Plan: A Strategic Shift

President Donald Trump announced plans to impose tariffs on automobiles, aluminum, and pharmaceuticals. He emphasized the necessity of these products in potential crisis scenarios, such as wars, to reporters at the White House.

President Donald Trump announced an impending rollout of tariffs targeting automobiles, aluminum, and pharmaceuticals during a press briefing on Monday.

Addressing journalists at the White House, Trump underscored the strategic importance of ensuring a domestic supply of these essential goods.

He noted such measures could prove crucial during crises like wars, thereby safeguarding the nation's economy and security.

(With inputs from agencies.)