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Trump to Impose Drug, Chip Tariffs, Announces Indonesia Trade Deal
Bloomberg Televisionยท2025-07-16 05:43

Pharmaceuticals will be tariff probably at the end of the month, and we're going to start off with a low tariff and give the pharmaceutical companies a year or so to build. And then we're going to make it a very high tariff. For more, let's bring in senior editor Bill Faries.Let's just start with those comments out of President Trump suggesting that tariffs could be coming for both pharmaceuticals and potentially for chip makers as well. Bill, what more do we know. Yeah.So the timeline is is really new here ...