Trump Ramps Up Tariff Blitz With India, Pharma, Chips in Sights
Photographer: Samuel Corum/Sipa/Bloomberg
President Donald Trump said he’d impose increased tariffs on countries buying energy from Russia while clarifying that levies on semiconductor and pharmaceutical imports would be announced “within the next week or so.”
Coming just days after Trump re-set his tariff plan with rates on imports from trade partners ranging from 10% to 41%, his latest blast of trade threats and deadlines shows his quest to remake global trade in America’s favor is far from done. That’s even as the latest economic data suggests the US economy is grappling with the fallout.