Donald Trump has said that pharmacy tariffs will come soon.
Here is a list of all Trump Tariffs proposed and confirmed:
1. Canada:
– 25% tariffs on most goods, including steel and aluminum products.
– 10% tariff on oil and gas (delayed until April 2, 2025).
2. Mexico:
– 25% tariffs on all goods.
3. China:
– 20% tariffs on all goods (increased from 10% on March 4, 2025).
4. European Union:
– Planned tariffs on EU goods, with Trump threatening a 200% tariff on EU alcohol.
5. All Countries (Global):
– 25% tariffs on steel and aluminum products, effective March 12, 2025.
– 25% tariffs on all vehicles manufactured outside the U.S., set to commence on April 2, 2025.
6. Russia:
– 200% duty rate on imports of derivative aluminum articles or those using primary aluminum smelted or cast in Russia.
7. Other Countries:
– Reciprocal tariffs planned for April 2, 2025, targeting 15% of nations that account for the majority of U.S. foreign trade.
– Potential targets include India, Thailand, Taiwan, Vietnam, Japan, and Malaysia, based on trade surpluses with the US or differences in average tariff rates.– Venezuela: Trump announced plans for a “secondary tariff” of 25% on any country purchasing oil or gas from Venezuela when trading with the U.S., effective April 2, 2025.
– Digital Service Taxes (DSTs): Investigation initiated against France, Austria, Italy, Spain, Turkey, and the UK.
– Copper, Timber, and Lumber: Section 232 investigations initiated for potential tariffs.
https://x.com/unusual_whales/status/1905717611826147503
Trade war tensions escalate, adding fuel to already skittish markets.