Reported about 23 hours ago
President Donald Trump indicated that he plans to impose tariffs on pharmaceuticals and semiconductors by the end of July, with pharmaceutical tariffs potentially reaching 200% after a year. He mentioned that the tariffs would be implemented alongside reciprocal rates starting August 1. While he expressed optimism about securing trade deals with some countries, he also stated he would dictate tariffs unilaterally, impacting drug manufacturers and consumers in the U.S.
Source: YAHOO