Tag: US trade policy
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Truck Tariffs: 25% on Medium- and Heavy-Duty Imports Start Nov. 1
Overview: A Big Tariff Increase for Heavy-Duty Truck Imports President Donald Trump announced a sweeping escalation in trade policy by confirming a 25 percent tariff on all medium- and heavy-duty trucks imported into the United States. Effective November 1, the move broadens earlier duties that targeted heavy trucks and shifts the policy to apply across…
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Trump Announces 25% Tariff on Medium- and Heavy-Duty Trucks Facing Nov. 1 Start
Overview: A Major Tariff Step on Trucks President Donald Trump announced that all medium- and heavy-duty trucks imported into the United States will face a 25 percent tariff starting November 1. The move represents a sharp escalation in the administration’s effort to deter foreign competition and safeguard U.S. manufacturers in the trucking sector. The Policy…
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Trump Imposes 100% Tariffs on Medicines: AstraZeneca Hit
Executive overview: 100% tariffs on medicines In a move that has stoked alarms across the pharmaceutical sector, the United States plans to impose 100 percent tariffs on imported medicines starting October 1. The sweeping policy targets a wide range of drugs and could push up costs for patients and disrupt established supply chains, even as…
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Trump tariffs threaten Ikea prices as US market braces
Tariffs on the horizon: what the plan entails In a late-week announcement on Truth Social, President Donald Trump said tariffs would rise across several import categories to push domestic production. The plan would include 50 percent tariffs on kitchen and bathroom cabinets and related products, starting October 1, 2025, and a 30 percent tariff on…
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Trump Imposes 100% Tariffs on Imported Medicines, Shaking Global Pharma
US announces 100% tariffs on imported medicines In a move set to ripple through the pharmaceutical sector, the United States announced on October 1 that it will impose 100 percent tariffs on imported medicines. The decision, framed as a measure to curb what officials call a flood of foreign products, immediately drew attention from industry…
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Trump 100% Tariffs on Drugs Shake Pharma Markets Today
Overview: Trump Announces 100% Tariffs on Drugs The White House has announced a sweeping 100% tariff on imported pharmaceuticals, to take effect starting October 1. The move is aimed at addressing what President Trump has described as an overwhelming influx of pharmaceutical products into the United States from abroad. In practice, the policy targets a…
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Trump Pharma Tariffs: Who Stands to Lose?
What the tariffs actually do In a post on Truth Social, former President Donald Trump announced a 100% tariff on branded or patented pharmaceutical products imported into the United States, unless a company has an active project to build manufacturing capacity within the U.S. The policy is slated to take effect on October 1, 2025.…