‘Today we’re doing copper’: Trump imposes 50% tariff, warns BRICS & pharma of more duties
On July 8, President Trump announced sweeping new tariffs including a 50% duty on imported copper, a looming 200% tariff threat on pharmaceuticals, and a 10% tariff on BRICS nations including India. Trump linked these moves to protecting US industries and countering BRICS' economic agenda. The administration will allow a grace period for pharma companies to relocate operations before enforcement. No exemptions for India, Trump confirmed.
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