pharmaceutical imports

Trump Threatens Sweeping New Tariffs on Copper, Chips, and Drugs Amid Global Trade Tensions

Trump Threatens Sweeping New Tariffs on Copper, Chips, and Drugs Amid Global Trade Tensions

Washington, July 9 — US President Donald Trump on Tuesday dramatically expanded his trade offensive, announcing plans to impose a hefty 50% tariff on imported copper and threatening steep new levies on semiconductors and pharmaceuticals moves likely to rattle markets and global trade partners further.Speaking during a cabinet meeting at the White House, Trump declared that the United States would soon move forward with 10% tariffs on imports from Brazil, India, and other BRICS nations, adding to fresh tariff warnings already sent to 14 trading partners, including major US suppliers like South Korea and Japan.The President’s latest salvo could inject…
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