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Trump's tariff plans: What to expect from chip, autos players

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President Donald Trump proposed new 25% tariffs that could target semiconductor, automobile, and pharmaceutical imports into the US.

Lopez Research founder Maribel Lopez joins Morning Brief to highlight this as a starting point for negotiations, emphasizing that the actual tariff rate is yet to be determined.

"This is really an opening volley by Trump to say he's really serious about tariffs. Tariffs will happen. The amount of the tariff and what the negotiation standpoint is still unknown," Lopez explains.

She highlights that industries like the automotive sector, with a strong US presence, may have a better chance of negotiating exemptions.

"The call to action for everybody right now is to try to figure out what they can do to make a play to say that they're going to invest in America — to either create manufacturing jobs, to create investment in some other type of category that we would consider as beneficial to the economy," Lopez explains.

While acknowledging the seriousness of tariffs, Lopez reassures that the market (^DJI, ^IXIC, ^GSPC) is not overreacting yet as the Trump administration continues to negotiate with international officials.

To watch more expert insights and analysis on the latest market action, check out more Morning Brief here.

This post was written by Josh Lynch