Trump announces new tariffs on pharmaceuticals, trucks, cabinets

[Morphine Prince 109,709]

President Donald Trump announced a new wave of tariffs on Thursday, including a 100% levy on imported branded drugs, unless a firm is building a manufacturing plant in the US.

Washington will also impose a 25% tariff on imports of all heavy-duty trucks and 50% levies on kitchen and bathroom cabinets, he said as he announced a slew of industry-focused duties on his Truth Social platform.

"The reason for this is the large scale "FLOODING" of these products into the United States by other outside Countries," Trump wrote, citing the need to protect American manufacturers from foreign imports.

The announcements come despite calls from US businesses for the White House to not impose further tariffs.

Read more: https://www.bbc.com/news/articles/crkjreprp3po

 

[ALGAYDO 35,179]

I love how he’s “focusing on American manufacturing” by imposing these tariffs, but where’s the financial push to get these industries up and running in America? Does he think American companies will just build the infrastructure required to produce these factories? Without government assistance or anything of the sort? Like gurl please be ffr 

[Ronnie 6,103]

54 minutes ago, ALGAYDO said:

I love how he’s “focusing on American manufacturing” by imposing these tariffs, but where’s the financial push to get these industries up and running in America? Does he think American companies will just build the infrastructure required to produce these factories? Without government assistance or anything of the sort? Like gurl please be ffr 

Exactly. And these types of manufacturing facilities take YEARS to build. By that time we’ll  have a new administration who could reverse everything. So why even bother building?

[Lord Mayhem 3,448]

Why does he think punishing Americans will make people see him as favorable???

This is so dumb 

[Squidward T 2,470]

This man is a lunatic