President Donald Trump has praised tariffs and announced an array of import duties on specific countries and products since taking office.

Trump explained that these tariffs would be announced in the near future, rather than far off. Later in the day, during another White House event, he added that tariffs on lumber and semiconductor industries would also be introduced at a later time.

U.S. President Donald Trump said on Monday his administration would announce tariffs on vehicles, aluminum, and pharmaceuticals in the very near future, but did not say if they would be arriving on April 2, the day a slew of reciprocal tariffs are set to take effect.