The president said he would impose a tariff of 100 percent on certain brand-name drugs. Here’s what we know so far.
Category: International Trade and World Market
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Trump Expands Tariffs Beyond Supreme Court’s Reach
The president’s tariffs on foreign drugs and furniture rely on national security laws outside the scope of current lawsuits.
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Trump’s Pharma Tariffs Spare Richest Drugmakers
Big companies like Novartis say new tariffs won’t hit them. “A win for Pharma,” Wall Street analysts said.
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Trump’s New Tariffs Hit Furniture and Home Goods Stocks
Shares of Williams-Sonoma and RH fell in early trading, while U.S.-based makers like Ethan Allen rose after the president’s latest tariff announcement.
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Wary European Drugmakers Think They Can Avoid Trump’s Latest Tariffs
European companies, a major source of U.S. medicines, are hopeful that their investments and trade deals with the U.S. will spare them from President Trump’s latest tariff barrage.
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Trump’s New Tariffs Shock Countries Reeling From His Chaotic Trade War
Throughout Asia, the source of about 40 percent of U.S. imports, countries have little to show for weeks of talks trying to finalize deals.
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Trump Will Slap Tariffs on Imported Drugs, Trucks and Household Furnishings
The president said his tariffs would range from 25 to 100 percent and would go into effect next week.
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Trump Says He Wants to Give Aid to Struggling Farmers
The president said some revenue from tariffs would go to crop farmers, but the agriculture secretary said a plan wasn’t yet ready.
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Soybeans Were America’s Biggest Export to China. Now, Sales Are Down to Zero.
China stopped buying soybeans from America in May, placing a retaliatory tariff on the bumper crop after President Trump increased levies on goods from China.
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There Are More Robots Working in China Than the Rest of the World Combined
China has embarked on a campaign to use more robots in its factories, transforming its manufacturing industries and becoming the dominant maker.
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Princess Awesome vs. the United States of America
A children’s clothing company has become the face of a legal battle over President Trump’s trade policy, after years of struggling with the challenges of domestic manufacturing.
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Princess Awesome vs. the United States of America
A children’s clothing company has become the face of a legal battle over President Trump’s trade policy, after years of struggling with the challenges of domestic manufacturing.