negative
Trump Unleashes Broad Tariff Blitz on Drugs, Trucks & Furniture
President Trump rolled out a sweeping tariff package targeting heavy trucks (25%), pharmaceutical imports (100%), and furniture items (30% to 50%), citing national security. The diversifying tariff assault has rattled markets. Importers, pharma firms, and industrial players are being forced to reassess costs and supply chains across sectors now exposed to heavy duty risk.
Companies:
- Pfizer
- GE
- Volvo Trucks
Tags:
- tariffs
- pharma
Reuters• By Sneha Pathak
Explore:High Return Equity Mutual Fund
negative
Trump Unleashes Broad Tariff Blitz on Drugs, Trucks & Furniture
President Trump rolled out a sweeping tariff package targeting heavy trucks (25%), pharmaceutical imports (100%), and furniture items (30% to 50%), citing national security. The diversifying tariff assault has rattled markets. Importers, pharma firms, and industrial players are being forced to reassess costs and supply chains across sectors now exposed to heavy duty risk.
Companies:
- Pfizer
- GE
- Volvo Trucks
Tags:
- tariffs
- pharma
Reuters• By Sneha Pathak
Explore:High Return Equity Mutual Fund
1 min read
54 words
U.S. imposes new tariffs on drugs, trucks, furniture in broad escalation drive.
President Trump rolled out a sweeping tariff package targeting heavy trucks (25%), pharmaceutical imports (100%), and furniture items (30% to 50%), citing national security. The diversifying tariff assault has rattled markets. Importers, pharma firms, and industrial players are being forced to reassess costs and supply chains across sectors now exposed to heavy duty risk.
President Trump rolled out a sweeping tariff package targeting heavy trucks (25%), pharmaceutical imports (100%), and furniture items (30% to 50%), citing national security. The diversifying tariff assault has rattled markets. Importers, pharma firms, and industrial players are being forced to reassess costs and supply chains across sectors now exposed to heavy duty risk.
Companies:
- Pfizer
- GE
- Volvo Trucks
Tags:
- tariffs
- pharma
- tariffs
- pharma
- automotive
- trade policy