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Trump prepared to offer tariff exemptions to some nations

Author
CNBC International
Published
Tue 25 Mar 2025
Episode Link
None

President Trump says he is prepared to offer exemptions to some countries from reciprocal tariffs which begin on April 2nd. However, he pledges to add further levies on other key sectors such as autos, pharma, chips and lumber. Tesla sees European sales fall by more than 40 per cent during the first two months of the year. EV registrations on the Continent, however, surge by almost 30 per cent. Despite this, Tesla shares soar Stateside in their best session since November. And Washington DC is in uproar after a U.S. military operation against the Houthis in the Red Sea is mistakenly leaked to The Atlantic’s editor in a Signal group chat.

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