Stock Market Today: Dow Futures Rise After Trump Unveils New Tariffs
WSJยท2025-09-26 08:08
Core Viewpoint - President Trump announced plans to impose new tariffs on pharmaceuticals and large trucks, aiming to protect American jobs and industries [1] Group 1: Pharmaceuticals - The proposed tariffs are part of a broader strategy to reduce dependency on foreign-made drugs and encourage domestic production [1] - The pharmaceutical industry is expected to face increased costs, which may lead to higher prices for consumers [1] Group 2: Trucking Industry - New levies on big trucks are intended to support American manufacturers and address trade imbalances [1] - The trucking industry may experience disruptions as companies adjust to the new tariffs, potentially impacting supply chains [1]