US EditionTrump announces chips, drug probes, opening door to tariffs
- President Donald Trump's administration is increasing investigations into U.S. Semiconductor and pharmaceutical imports this week, potentially leading to tariffs on these sectors.
- The Department of Commerce has begun an investigation into the national security risks of importing pharmaceuticals, which could expedite Trump's plans for tariffs.
- Trump stated that tariffs are necessary for national security to promote domestic production of pharmaceuticals and semiconductors, emphasizing their importance during a potential conflict.
- Trump highlighted the pricing disparity in pharmaceuticals between the U.S. And other countries, indicating he will impose tariffs if companies do not produce domestically.
208 Articles
208 Articles
Wall Street opened up in the midst of uncertainty over the trade war, while Europe is trading with profits
New York had a record of high and low before its opening. Trump evaluates new tariffs on chips and pharmaceuticals at the same time as he ponders what to do with cars. Boeing falls after the Chinese veto
US moves ahead on tariffs with investigations into computer chips - Electronic Products & Technology
The Trump administration has taken its next steps toward imposing more tariffs on key imports, launching investigations into imports of computer chips, chip making equipment and pharmaceuticals. The Department of Commerce posted notices about the probes late Monday on the Federal Register, seeking public comment within three weeks. It had not formally announced them earlier. Although U.S. President Donald Trump paused most of his biggest tariff …
Trump Admin Launches National Security Probe Into Pharma, Semiconductor Imports - The Thinking Conservative
Trump administration has launched an investigation into the effects on national security of importing semiconductors and pharmaceutical products. The post Trump Admin Launches National Security Probe Into Pharma, Semiconductor Imports appeared first on The Thinking Conservative.
Trump admin launches national security probe into chip, drug imports
The Trump administration opened national security investigations into foreign-made semiconductors, chipmaking tools and pharmaceuticals, potentially setting up new tariffs. The Commerce Department cited Section 232 and invited public input over a 21-day comment period. Officials said they aim to reduce supply chain risks and boost domestic production. Industry groups warned tariffs could raise costs and disrupt supply without phased implementati…
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