
president Donald Trump On Wednesday, he was open to offering exemptions to certain US companies, and was particularly hard hit with tariffs through his own negligence.
With the President Treasury Secretary Scott Bescent He spoke to reporters on Wednesday afternoon and was repeatedly asked about the effects their tariff movement had on financial markets and whether recent declines would affect future trade decisions.
When asked specifically whether Trump would consider “exempting” large US companies that have been hit particularly hard by the new tariffs, the president said he would consider it.
“Let’s look at it over time. We’ll look at it,” Trump replied. “There are a few difficult things. Due to the nature of the company, we’ll take a bit harder and see that.”
Donald Trump’s allies, supporters and donors are led by Elon Musk and push to end the tariff war.

President Donald Trump keeps the charts when making mutual tariff comments at an event at the Rose Garden at the White House in Washington, DC on April 2, 2025. (Brendan Smialowski/AFP via Getty Images)
When asked how he decides Which company He might get that kind of exemption, Trump replied “instinctively.”
“You can hardly take a pencil to paper. That’s really just an instinct more than anything else,” Trump added. “Some companies may be in an industry that doesn’t have their own fault and happens to be affected by these things more than others. You have to be able to show a little more flexibility.
Charlie Gasparino breaks down Trump’s tariff suspension: “This forced him.”
“We need flexibility,” Trump said Wednesday. “There’s a wall here and I’m going to go through that wall. I’m going to go through it. No matter what, just keep going. You can’t go through the wall. Sometimes you have to be able to go underneath, around the wall, or above the wall.”

On April 4, 2025, television on the floor of the New York Stock Exchange broadcasts market news. (Michael Nagle/Bloomberg via Getty Images)
After the announcement of the President’s “liberation day” tariff, all imports and higher “mutual” tariffs were included in 10% universal tariffs, targeting other countries like China and China. european union, The Trump administration has released a list of carve-outs related to imports of about $64.4 billion from the company, according to reports Wall Street Journal.
The exemption includes $185 billion in goods from Canada and Mexico, but the country is subject to other tariffs, according to the report.

A truck equipped with vehicles across the border of the Blue Water Bridge Bridge from Sarnia, Ontario, Canada, to the United States on April 3, 2025. (Geoff Robins/AFP Getty Images)
Additionally, the Trump administration exempts certain industries, such as the drug and semiconductor industries from the new tariffs, but the president signalled a possible change. These sectors and others face ongoing investigations called Section 232 surveys. Market Watch, Assess the need to impose customs duties.
Regardless of the findings of the investigation, it appears that Trump is set to raise tariffs on the pharmaceutical industry. He told the audience at a dinner hosted by the National Republican Congressional Committee on Tuesday night. “Major Customs Duties on Pharmaceuticals” announced immediately.
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The White House declined to comment on this article.