Trump to launch new round of tariffs, targeting pharma, chips and minerals

  • Posted on June 18, 2025
  • By Business News Today
  • 3 Views
Trump to launch new round of tariffs, targeting pharma, chips and minerals

The Trump administration plans new tariffs. These tariffs target sectors vital to national security. Semiconductors and pharmaceuticals are included. These tariffs are under Section 232 of the Trade Expansion Act. Tariffs on steel and aluminum already exist. These tariffs may impact almost every good entering the US. Pharmaceutical tariffs are coming soon.
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