Article 6WG83 Trump flags ‘major tariff on pharmaceuticals’ as trade chief says US ‘running up score’ on Australia

Trump flags ‘major tariff on pharmaceuticals’ as trade chief says US ‘running up score’ on Australia

by
Henry Belot
from World news | The Guardian on (#6WG83)

US president says he will shortly announce the new tariff on pharmaceuticals but does not give any details

Donald Trump says the US will soon introduce a major tariff on pharmaceuticals" designed to force more manufacturing giants to relocate to America, a move that could further strain relations with Australia.

His comments come hours after his trade representative, Jamieson Greer, said the US should be running up the score" with Australia and using money generated by tariffs to address a broader $1.2tn trade deficit with the rest of the world. The US maintains a trade surplus with Australia.

Sign up for the Afternoon Update: Election 2025 email newsletter

Continue reading...
External Content
Source RSS or Atom Feed
Feed Location http://www.theguardian.com/world/rss
Feed Title World news | The Guardian
Feed Link https://www.theguardian.com/world
Feed Copyright Guardian News and Media Limited or its affiliated companies. All rights reserved. 2025
Reply 0 comments