"President Trump is set to propose tariffs on pharmaceutical imports, beginning at a low rate that could escalate to as much as 250% within 18 months."
"New tariffs targeting semiconductor imports are anticipated to be announced soon, aligning with the administration's push to bolster U.S. manufacturing."
President Trump is proposing tariffs on pharmaceutical imports to the United States, starting at a low rate and potentially escalating to 250% within 18 months. New tariffs on semiconductor imports may be announced soon, aimed at promoting the manufacturing of high-tech products in the U.S. Investors currently appear to be unfazed, as seen by the slight increase in the Vanguard S&P 500 ETF. Financial results from major companies like Pfizer reveal strong earnings, indicating a juxtaposition with the impending tariff measures.
Read at 24/7 Wall St.
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