President Trump warned foreign companies investing in the US and indicated that tariffs could be raised to as much as 50%. The remarks were reported as having been made in an interview with Fox News.
President Trump warned that tariffs on foreign companies investing in the US could be raised to as much as 50%. The news report says the remarks were made in an interview with Fox News on the 25th.
The remarks suggest that the administration may strengthen its tariff policy toward companies that use the US, but do not specify the conditions for higher tariffs or the details of which companies would be affected. The article focuses on the substance of the remarks and the warning.
The article does not provide additional information on the background to the warning, the government’s future response or specific companies, and instead gives a breaking-news account of the remarks.