Trump signs order to boost domestic drug manufacturing as pharma tariffs loom

Markets slip amid fresh US tariff talk, but AIB bucks the trend

Shares and the dollar sold off on Tuesday after Donald Trump’s White House ratcheted-up tariff talk in recent days – including threats to move on levying pharmaceuticals and the film industry.

Trump's drug tariff plan likely to intensify pressure on Korea-US trade talks

United States President Donald Trump resumed his tariff-based pressure on Tuesday, saying that he plans to announce pharmaceutical tariffs “within the next two weeks.” The scope and potential impact of the drug tariffs on Korean industries remain unclear, but Trump’s mention of a specific timeframe is seen as an indication that Washington is accelerating tariff negotiations with its trade partners, including Korea. The push came amid ongoing wor…

Trump signs order to boost domestic drug manufacturing as pharma tariffs loom

The order comes ahead of Trump's planned tariffs on pharmaceuticals imported into the U.S.