Factbox-US businesses brace for more pain as 'Liberation Day' tariffs loom

(Reuters) - Businesses astir the satellite are keenly watching for details connected U.S. President Donald Trump's sweeping caller reciprocal tariffs connected trading partners, the latest successful a bid of extended duties imposed since his instrumentality to the White House earlier this year.

The caller duties are expected to instrumentality effect instantly aft Trump announces them astatine a ceremonial astatine 4 p.m. Eastern Time (2000 GMT) connected Wednesday, labeled "Liberation Day".

The threatened levies could beryllium peculiarly damaging for U.S. companies successful sectors already slapped with the duties, with medication officials saying each of Trump's tariffs, including anterior rates, are stacking.

The pursuing U.S. concern sectors are apt astir exposed to Trump's reciprocal tariffs:

AUTOS & ELECTRIC VEHICLES

Trump announced 25% tariffs connected car imports past week connected each cars and parts made extracurricular the U.S. These duties volition spell into effect connected Wednesday.

The Detroit Three automakers - Ford, General Motors and Stellantis - person a overmuch bigger vulnerability to manufacturing extracurricular of the U.S. vis-à-vis Elon Musk's Tesla, and look a bigger hit.

CHIPS

Trump said successful February helium intends to enforce tariffs of astir 25% connected the imports of semiconductors and related products.

U.S. spot companies and artificial quality networking instrumentality makers person analyzable and divers proviso chains spanning aggregate countries, with executives saying the adjacent word fallout from immoderate tariffs volition beryllium "uncertain."

Industry heavyweight Nvidia's CEO has said the institution plans to determination manufacturing domestically successful effect to higher tariffs but expects small short-term impact.

PHARMACEUTICALS

Pharmaceutical products, agelong spared from commercialized wars owed to the imaginable harm, besides faces Trump's 25% tariff threat, particularly those from the EU.

His determination to summation tariffs connected goods from China, including finished drugs and earthy ingredients, arsenic good arsenic an archetypal circular of tariffs betwixt the U.S. and EU connected goods specified arsenic alloy and bourbon, has raised expectations medicines volition articulation the list.

Reuters reported connected April 1 that drugmakers are lobbying Trump to signifier successful tariffs connected imported pharmaceutical products successful hopes of reducing the sting from the charges and to let clip to displacement manufacturing.

PC MAKERS

PC makers specified arsenic Dell look the hazard of imaginable terms increases driven by the tariffs connected China.

Dell said successful February it was reviewing the tariff orders, adding the announcements person not yet impacted its pricing. Research steadfast International Data Corporation lowered its accepted PC forecast for 2025 and beyond successful February owed to tariff-related risks.