Donald Trump raises China’s tariffs to new high and issues strong threat to any country that retaliates

Donald Trump has responded to China’s recent tariff retaliation Donald Trump has issued a response to China’s new extreme relation tariffs on America. Earlier today (April 9), China announced that it introducing an …

Donald Trump raises China’s tariffs to new high and issues strong threat to any country that retaliates Read More

Kathy Griffin opened up about discovering her brother was a pedophile and her relationship with him after she found out

The comedian has spoken out about the ‘violent’ way she discovered who her brother really was Warning: This article contains discussion of child abuse, domestic abuse, sexual assault and drug …

Kathy Griffin opened up about discovering her brother was a pedophile and her relationship with him after she found out Read More

Trump warns which essential good will be ‘majorly’ tariffed next as global taxes begin taking effectTrump warns which essential good will be ‘majorly’ tariffed next as global taxes begin taking effect Home> News> US News Updated 10:31 9 Apr 2025 GMT+1 Published 09:57 9 Apr 2025 GMT+1 Trump warns which essential good will be ‘majorly’ tariffed next as global taxes begin taking effect Donald Trump plans to unveil new tariffs Gerrard Kaonga Gerrard Kaonga Donald Trump has repeatedly defended his already-announced tariffs, and now he’s revealed he and his team have plans to unveil new ones. Donald Trump’s ‘Liberation Day’ announcement of tariffs for countries all over the globe certainly ruffled some feathers. Many nation leaders have spoken out against the tariffs and have even announced retaliatory measures. On Wednesday (April 9), the US government finally began collecting tariffs imposed on 90 countries, with a minimum baseline 10 percent tariff on all nations. However, in a recent speech, Trump announced that he wasn’t finished and that he had plans to unveil tariffs that would impact the pharmaceutical industry. Speaking at an event with the National Republican congressional committee, Trump insisted his upcoming tariffs would incentivize drug companies to relocate to the US. He said: “We’re going to tariff our pharmaceuticals and once we do that they’re going to come rushing back into our country because we’re the big market. Donald Trump has said he has plans to unveil more tariffs (Kevin Dietsch/Getty Images)Donald Trump has said he has plans to unveil more tariffs (Kevin Dietsch/Getty Images) Donald Trump has said he has plans to unveil more tariffs (Kevin Dietsch/Getty Images) “So we’re going to be announcing very shortly a major tariff on pharmaceuticals and when they hear that, they will leave China, they will leave other places because they have to – most of their product is sold here and they’re going to be opening up their plants all over our country.” In his speech last week on Liberation Day, Trump made clear this was going to be his eventual intention. The only question was when and how hard the industry would be hit. He said: “The pharmaceutical companies are going to come roaring back. … because if they don’t, they’ve got a big tax to pay.” However, experts have noted that this might not pan out how Trump hopes. Emarketer healthcare analyst Rajiv Leventhal remarked that generic drug manufacturers, which account for 90 percent of all of the US’ prescriptions, really might be feeling the pinch. Experts have questioned whether Trump’s plan will actually work however(Getty Stock Image)Experts have questioned whether Trump’s plan will actually work however(Getty Stock Image) Experts have questioned whether Trump’s plan will actually work however(Getty Stock Image) He emphasized that 47 percent of all generics prescribed in the US are made in India, and the country currently faces a 26 percent tariff. With this in mind, some companies may have to reconsider whether the American market is even worth the extra cost, which could ultimately hurt the American consumers who rely on those low-cost alternatives to brand-name drugs, for everything from antibiotics like penicillin to blood pressure medication. He said: “Most of them are selling with low profit margins and some are operating at a loss. “They could be forced to consider whether it’s even worth it to be in the market.”

Donald Trump plans to unveil new tariffs Donald Trump has repeatedly defended his already-announced tariffs, and now he’s revealed he and his team have plans to unveil new ones. Donald …

Trump warns which essential good will be ‘majorly’ tariffed next as global taxes begin taking effectTrump warns which essential good will be ‘majorly’ tariffed next as global taxes begin taking effect Home> News> US News Updated 10:31 9 Apr 2025 GMT+1 Published 09:57 9 Apr 2025 GMT+1 Trump warns which essential good will be ‘majorly’ tariffed next as global taxes begin taking effect Donald Trump plans to unveil new tariffs Gerrard Kaonga Gerrard Kaonga Donald Trump has repeatedly defended his already-announced tariffs, and now he’s revealed he and his team have plans to unveil new ones. Donald Trump’s ‘Liberation Day’ announcement of tariffs for countries all over the globe certainly ruffled some feathers. Many nation leaders have spoken out against the tariffs and have even announced retaliatory measures. On Wednesday (April 9), the US government finally began collecting tariffs imposed on 90 countries, with a minimum baseline 10 percent tariff on all nations. However, in a recent speech, Trump announced that he wasn’t finished and that he had plans to unveil tariffs that would impact the pharmaceutical industry. Speaking at an event with the National Republican congressional committee, Trump insisted his upcoming tariffs would incentivize drug companies to relocate to the US. He said: “We’re going to tariff our pharmaceuticals and once we do that they’re going to come rushing back into our country because we’re the big market. Donald Trump has said he has plans to unveil more tariffs (Kevin Dietsch/Getty Images)Donald Trump has said he has plans to unveil more tariffs (Kevin Dietsch/Getty Images) Donald Trump has said he has plans to unveil more tariffs (Kevin Dietsch/Getty Images) “So we’re going to be announcing very shortly a major tariff on pharmaceuticals and when they hear that, they will leave China, they will leave other places because they have to – most of their product is sold here and they’re going to be opening up their plants all over our country.” In his speech last week on Liberation Day, Trump made clear this was going to be his eventual intention. The only question was when and how hard the industry would be hit. He said: “The pharmaceutical companies are going to come roaring back. … because if they don’t, they’ve got a big tax to pay.” However, experts have noted that this might not pan out how Trump hopes. Emarketer healthcare analyst Rajiv Leventhal remarked that generic drug manufacturers, which account for 90 percent of all of the US’ prescriptions, really might be feeling the pinch. Experts have questioned whether Trump’s plan will actually work however(Getty Stock Image)Experts have questioned whether Trump’s plan will actually work however(Getty Stock Image) Experts have questioned whether Trump’s plan will actually work however(Getty Stock Image) He emphasized that 47 percent of all generics prescribed in the US are made in India, and the country currently faces a 26 percent tariff. With this in mind, some companies may have to reconsider whether the American market is even worth the extra cost, which could ultimately hurt the American consumers who rely on those low-cost alternatives to brand-name drugs, for everything from antibiotics like penicillin to blood pressure medication. He said: “Most of them are selling with low profit margins and some are operating at a loss. “They could be forced to consider whether it’s even worth it to be in the market.” Read More

White House confirms Trump is discussing plans to deport US citizens to ‘world’s worst prison’ despite it currently being illegal

Press secretary Karoline Leavitt defended Trump’s comments and said he was considering different possibilities Donald Trump is no stranger to controversy, but people have admitted to being concerned about his …

White House confirms Trump is discussing plans to deport US citizens to ‘world’s worst prison’ despite it currently being illegal Read More