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US to Slap 100%/ 25% Tariffs on Branded & Patented Medicines/ Heavy Trucks from Oct
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US President Donald Trump announced that the US will impose a 100% tariff on branded or patented medicines starting October 1, according to foreign media reports. However, this tariff will not apply to companies that have established pharmaceutical plants in the US or projects that have already begun construction. Trump also announced a 25% tariff on heavy trucks and a 50% tariff on all kitchen cabinets, bathroom cabinets, and related products starting on the same date. AAStocks Financial News |
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