Tag Archives: tarifs

CNBC reports: President Donald Trump has signed an executive order that will prevent high U.S. tariffs on Chinese goods from snapping back into effect for another 90 days, a White House official told CNBC on Monday afternoon. The order was signed just hours before midnight, when the pause on Trump’s tariffs was set to expire. If the deadline was not …

Reuters reports: A 25% U.S. tariff on pharmaceutical imports would increase U.S. drug costs by nearly $51 billion annually, boosting U.S. prices by as much as 12.9% if passed on, a report commissioned by the industry’s U.S. trade group and reviewed by Reuters shows. The analysis, conducted by Ernst & Young, found the United States imported $203 billion in pharmaceutical …