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President Trump is readying plans for industry-specific tariffs to kick in alongside his country-by-country duties in two ...
W hen Donald Trump’s tariffs are mentioned, you might recall his “Liberation Day” duties on uninhabited islands, his on-again ...
However, it appears that the pharma industry has avoided a big blow – for now. A factsheet released by the White House said that finished pharmaceuticals are not subject to the reciprocal tariff.
Construction prices jumped 6% through May on an annualized basis, but the full impact of tariffs has yet to be felt.
In all, the company expects to have lost as much as $2.7 billion over the first half of 2025 as a result of costly efforts to ...
Since April and May 2025, specific tariffs on automobiles and their parts have been implemented under the authority of the Section 232 of the Trade Expansion Act of 1962.
New tariffs threaten the optical industry, prompting urgent reevaluation of sourcing strategies and pricing as deadlines ...
Economists have long disliked tariffs and can point to research showing they harm the countries that impose them, including the workers and consumers in those economies.
Furthermore, specific articles could be excluded from tariffs due to lack of domestic production, and the Bureau of Industry and Security established processes for requesting such exclusions. 1 ...
Although the threat of pharmaceutical-specific duties has persisted, trade penalties on drugs and related products were notably exempt from Trump’s “Liberation Day” reciprocal tariff reveal ...
Tariff uncertainty result in concerns in the wine industry for consumers, reduced wine diversity, and potential losses for both importers and domestic wine businesses.
April 5, 2025 was a seminal day for both the construction industry and the Trump Administration. It was the day reciprocal tariffs on widely used construction materials were to go into effect.