WASHINGTON — US President Donald Trump on Friday said he is open to striking a deal on automobile and reciprocal tariffs, provided Washington receives tangible benefits in return.
Speaking to reporters aboard Air Force One, Trump was asked about a recent phone call with Canadian Prime Minister Mark Carney.
“I always loved Canada. We had a very good conversation,” he said, adding that he intends to meet with Carney after Canada’s upcoming federal election.
Trump reiterated his administration’s commitment to reshaping trade dynamics, particularly in sectors he said have long disadvantaged the US.
He confirmed plans to impose tariffs on imported pharmaceuticals in a bid to bring drug manufacturing back to the US.
“We never want to rely on other countries for medicine like we did during the coronavirus pandemic,” Trump said.
“We’re going to apply tariffs that are sufficient for pharmaceutical companies to bring their production home.”
When asked about auto and reciprocal tariffs, Trump said other countries are eager to make a deal — but only on fair terms.
“They’ve been taking advantage of us for 40 years, maybe more, and it’s not going to happen anymore,” he said. “But I am certainly open to it if we can get something for the deal.” — Agencies