Reported 1 day ago
President Donald Trump's administration has begun trade probes into semiconductor and pharmaceutical imports, indicating potential tariffs as part of an expanding trade conflict. The investigations, aimed at assessing national security implications of these imports, may affect global supply chains and increase costs for American consumers. The efforts follow Trump's consistent criticism of foreign production in these sectors and could disrupt both the semiconductor and drug industries, with significant impacts anticipated on U.S. manufacturing and pricing strategies.
Source: YAHOO