Trump to Slap New Tariffs on Pharma, Big Trucks

Core Viewpoint - Tariffs on drugs will be imposed on companies that do not have manufacturing plants in the U.S. [1] Group 1 - The new tariffs aim to incentivize pharmaceutical companies to establish production facilities within the United States [1] - Companies without U.S. plants will face increased costs, potentially affecting their pricing strategies and market competitiveness [1] - This policy is part of a broader initiative to boost domestic manufacturing and reduce reliance on foreign production [1]