The United States is refining its tariff strategy, moving away from broad industry-specific levies, The Wall Street Journal reported, citing a White House official.
While President Donald Trump had previously proposed tariffs on sectors like cars, pharmaceuticals and semiconductors, but sector-specific measures are now unlikely to be announced on that date. The focus will likely remain on reciprocal tariffs targeting Washington's trading partners.
According to the report, the tariffs on Canada and Mexico, linked to fentanyl concerns, remain with no clear timeline for implementation.
