President Donald Trump holds a chart as he delivers remarks on reciprocal tariffs during an event in the Rose Garden at the White House in Washington, D.C., April 2, 2025. (Brendan Smialowski/AFP via Getty Images)
When asked how he would determine which companies might receive such an exemption, Trump responded, "Instinctively."
"You almost can't take a pencil to paper. It's really more of an instinct than anything else," Trump added. "Some companies, through no fault of their own, they happen to be in an industry that is more affected by these things than others. You have to be able to show a little flexibility, and I'm able to do that.
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"You have to have flexibility," Trump said Wednesday. "I could say, ‘Here’s a wall, and I'm going to go through that wall. I'm going to go through it, no matter what. Keep going, and you can't go through the wall. Sometimes you have to be able to go under the wall, around the wall or over the wall."
A truck with vehicles crosses the Blue Water Bridge border crossing into the United States from Sarnia, Ontario, Canada, April 3, 2025. (Geoff Robins/AFP via Getty Images)
Additionally, the Trump administration has exempted certain industries, such as the pharmaceutical and semiconductor industries, from new tariffs, but the president has signaled that could change. These sectors and others are facing an ongoing probe, called a Section 232 investigation, according to Market Watch, to assess the need for imposing tariffs.
No matter the outcome of the investigation, it appears Trump has his sights set on placing higher tariffs on the pharmaceutical industry. He told an audience at a dinner hosted by the National Republican Congressional Committee Tuesday night that "a major tariff on pharmaceuticals" would be announced very soon.
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The White House declined to comment for this article.
https://www.foxnews.com/politics/trump-says-hell-take-look-exempting-some-larger-us-companies-hit-especially-hard-tariffs