Trump’s Trade War and the Economic Impact: Tariff Tracker

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President Donald Trump unveiled a new round of tariffs targeting pharmaceuticals, heavy trucks and furniture.

A 100% duty on patented drugs will be applied unless the producer is building a manufacturing plant in the US. Generic drugs are exempt from the levy, and the European Union is likely to get a preferential rate of 15% due to the bloc’s recent trade deal with the US.

Imported heavy trucks will be taxed at a rate of 25%, upholstered furniture at 30%, and kitchen cabinets and bathroom vanities at ...