Reported about 15 hours ago
President Trump revealed a 50% tariff on copper during a cabinet meeting on July 8, 2025, and threatened to impose a staggering 200% tariff on pharmaceuticals. The copper tariff will align with existing duties on steel and aluminum, while plans for the pharmaceutical tariffs suggest a year-long grace period before enforcement. Trump's aggressive trade strategy follows recent threats of additional tariffs on imports from South Korea and Japan, marking a significant shift back to his focused trade rhetoric.
Source: YAHOO