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In this episode of Western Conservative, we break down President Trump's sweeping new tariff policies and what they mean for American workers and global trade.
Tariffs on All Imports: Trump has imposed a minimum 10% tariff on all U.S. imports, with higher rates up to 50% targeting 57 specific countries, but suspended for 90 days/
China in the Crosshairs: In response to China's retaliatory measures, Trump threatened an additional 50% tariff on Chinese goods, potentially raising the baseline tariff rate on many Chinese goods to 104%.
Pharmaceutical Tariffs: Trump has reaffirmed a commitment to significant tariffs on imported pharmaceuticals, suggesting they could reach up to 200%.
Global Repercussions: The administration has paused most tariffs for 90 days, but the pharmaceutical industry remains on alert for sector-specific duties.
By Derek Foster
In this episode of Western Conservative, we break down President Trump's sweeping new tariff policies and what they mean for American workers and global trade.
Tariffs on All Imports: Trump has imposed a minimum 10% tariff on all U.S. imports, with higher rates up to 50% targeting 57 specific countries, but suspended for 90 days/
China in the Crosshairs: In response to China's retaliatory measures, Trump threatened an additional 50% tariff on Chinese goods, potentially raising the baseline tariff rate on many Chinese goods to 104%.
Pharmaceutical Tariffs: Trump has reaffirmed a commitment to significant tariffs on imported pharmaceuticals, suggesting they could reach up to 200%.
Global Repercussions: The administration has paused most tariffs for 90 days, but the pharmaceutical industry remains on alert for sector-specific duties.