trade disputes

  • Trump

    Trump's 100% Pharmaceutical Tariffs Face EU Resistance Citing Trade Deal Immunity

    Sep 26, 2025 08:44 pm CST

    President Trump has announced steep new tariffs on pharmaceuticals and other imported goods, with the EU claiming immunity under a previous trade agreement. The measures include a 100% tariff on pharmaceutical products, 25% on heavy trucks, and significant tariffs on furniture and kitchen products. These protectionist policies aim to rebuild US manufacturing but have sparked concerns about inflation and supply chain disruptions among international allies and trading partners.