Trump's Tariff Threat: Tax on Automobile, Pharmaceutical—India Among Countries to Suffer the Most
Video Credit: Oneindia - Duration: 04:13s - Published
Trump's Tariff Threat: Tax on Automobile, Pharmaceutical—India Among Countries to Suffer the Most
Trump's Tariff Threat: President Donald Trump has announced a sweeping 25% tariff on auto imports, semiconductors, and pharmaceuticals, set to take effect as early as April 2.
He warned that these tariffs could go even higher within a year, urging companies to move their factories to the U.S. to avoid heavy taxation.
The new import taxes are expected to drive up car prices by thousands of dollars and disrupt global chip and drug supply chains, hitting Asian and European manufacturers the hardest.
Will this move boost American industries or trigger an economic shockwave?
Stay tuned for the full breakdown.Trump's Tariff Threat
#Trump'sTariffThreat #Trump #Tariffs #TradeWar #USEconomy #AutoIndustry #Semiconductors #Pharmaceuticals #MadeInUSA #China #GlobalTrade #TSMC #Samsung #Biden #EconomicPolicy #BreakingNews
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California Governor Gavin Newsom has taken a swipe at President Donald Trump ... using pop culture to make his message loud and clear. As demonstrations against.. TMZ.com
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President Trump warned of imposing 50% tariffs on European Union products, citing stalled trade negotiations. Speaking from the Oval Office, Trump hinted the new tariffs could extend to tech giants like Apple and Samsung, with a possible rollout in late June. While expressing hope for a fair agreement, Trump’s aggressive stance signals escalating tension between the U.S. and EU. Markets and global tech firms are closely watching, as Trump’s trade war rhetoric sharpens once again—this time aimed squarely at Europe.
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President Donald Trump has issued a broad warning to tech companies that manufacture smartphones abroad, declaring that a 25% tariff will apply not just to Apple but to any firm — including Samsung — that doesn’t shift production to the United States. Speaking to reporters, Trump emphasized fairness and announced that the new tariffs are expected to be finalized by the end of June. The move signals a dramatic escalation in his economic nationalism and could have major repercussions on global smartphone pricing and tech supply chains.
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During a press conference in the Oval Office, President Trump was interrupted twice by phone calls from Congress members, which he promptly sent to voicemail. Trump announced plans to impose 50% tariffs on European Union products, citing stalled trade talks. He hinted the tariffs could target major tech companies like Apple and Samsung, potentially starting in late June. While Trump expressed hope for a fair deal, his aggressive rhetoric signals mounting U.S.-EU trade tensions, drawing close attention from markets and global tech firms.
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Trump and Trudeau hold talks as tensions escalate over tariffs, with Trump defending his move as part of a "drug war" aimed at tackling fentanyl trafficking from Mexico and Canada. The heated exchange..
Trump made good on his threat to slap tariffs on China, Mexico and Canada over the weekend. All imports from China now face a 10% duty. It’s 25% on imports from Mexico and Canada. Canadian oil,..
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