Trump slaps a 100% tariff on pharma imports. India 🇮🇳, the world’s largest supplier of affordable generic medicines to the US, will see exports hit but the bigger disaster is for tens of millions of Americans, especially seniors, who depend on low-cost drugs. Prices will skyrocket, pushing healthcare out of reach. A classic case of protectionism that ends up hurting Americans more than India.
Here's a list of all the tariffs announced:
- 100% tariff on pharmaceutical products
- 50% tariff on kitchen cabinets and bathroom vanities
- 30% tariff on upholstered furniture
- 25% tariff on heavy trucks
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