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 President Donald Trump on Monday suggested that he might temporarily exempt some auto manufacturers from tariffs he previously imposed on the sector, to give carmakers time to adjust their supply chains.
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Citing a national security statute, the administration has begun a process to investigate the impact of imported semiconductors and pharmaceuticals.
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Russia was spared Trump's tariffs—prompting questions about economic opportunities for China.
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The initiative is part of an investment the company says could generate up to half a trillion dollars in AI infrastructure.
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Trump confirms tariffs will soon hit tech products like phones and computers, despite a weekend exemption. Follow Newsweek's live blog.
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