Reported 1 day ago
The Trump administration has launched investigations to impose tariffs on imports of computer chips, semiconductor equipment, and pharmaceuticals, citing national security concerns. The Department of Commerce seeks public input on the impact of these imports and plans to assess the potential for domestic production of these essential goods. Despite a recent pause on some tariff hikes, the administration remains committed to increasing tariffs on pharmaceuticals and semiconductors to ensure these critical products are manufactured in the U.S.
Source: YAHOO