Trump, tariffs and Pharmaceutical drug
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The president said he would impose a tariff of 100 percent on certain brand-name drugs. Here’s what we know so far.
Here's what to know about the anticipated consumer impact of the new tariffs, according to experts: In a social media post late Thursday, Trump proposed a 50% tariff on home goods such as kitchen cabinets and bathroom vanities, as well as a 30% tariff on upholstered furniture.
Paccar makes Peterbilt and Kenworth trucks. Germany’s Daimler Truck makes Freightliner trucks. Sweden’s Volvo makes Mack trucks. Mack and Freightliner trucks are manufactured in the U.S. Daimler also has some manufacturing capacity in Mexico.
The president’s tariffs on foreign drugs and furniture rely on national security laws outside the scope of current lawsuits.
A federal appeals court ruled that most of Trump's sweeping tariffs are illegal—though they will remain in place for now
President Donald Trump unveiled a slew of new tariffs, including 100% levies on pharmaceuticals imports, but exempted drug firms that are already building plants in the U.S.
The U.S. will start imposing a 100% tariff on all branded or patented pharmaceutical products as of Oct. 1, unless the manufacturer has broken ground on
The bailout would simply redistribute wealth from American businesses and consumers to farmers. Here's a better idea: end the tariffs.
New tariffs on home furniture could make kitchen renovations a lot more costly, including for those rebuilding their homes after the deadly wildfires in LA County. The looming price surge comes after President Donald Trump announced Friday a 30% tariff on upholstered furniture and 50% on kitchen cabinets and bathroom vanities.
President Donald Trump’s new tariffs have generated billions of dollars since being implemented earlier this year, but what happens to that money?