Another round of Liberation day tariffs? Trump slaps patented drugs with 100% tariff, lowers duties for steel, aluminium

US President Trump has imposed steep 100% tariffs on imported patented medicines and new duties on steel, aluminium, and copper. This aims to compel companies to manufacture within the US, with exemptions for some nations. …

US President Trump has imposed steep 100% tariffs on imported patented medicines and new duties on steel, aluminium, and copper. This aims to compel companies to manufacture within the US, with exemptions for some nations. The move seeks to bolster domestic production and national security, building on previous trade actions.

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