U.S. President Donald Trump on Sunday said he would be announcing the tariff rate on imported semiconductors over the next week, adding that there would be flexibility with some companies in the sector.

President Donald Trump says he might temporarily exempt the auto industry from tariffs he previously imposed on the sector, to give carmakers time to adjust their supply chains

Any doubt that the president was “all talk” about tariffs has been put to rest amid a flurry of tariffs, threats and retaliatory duties.

Trump’s 90-day pause on tariffs might sound like relief — but experts say the damage is already done. Economists warn the U.S. economy is set to stall in 2025, with growth projections cut in half and recession risks soaring to 47%.

President Donald Trump’s administration wants to strike 90 trade deals in 90 days, but the challenges to quickly resolving the president’s trade war are already apparent. European Union trade chief Maros Sefcovic will on Monday be among the first foreign trade officials to come to Washington for urgent negotiations about the steep tariffs that Trump announced on April 2.