Trump threatens to escalate trade war amid confusion over new tariff rates https://ift.tt/OgAi5Qz Callum Jones in New York US president announces tariffs of up to 200% on foreign drugs and 50% on copper as he continues to shift plans Donald Trump vowed to further escalate his trade wars on Tuesday, threatening US tariffs of up to 200% on foreign drugs and 50% on copper, amid widespread confusion around his shifting plans. Hours after saying his latest deadline for a new wave of steep duties was “not 100% firm”, the US president declared that “no extensions will be granted” beyond 1 August. Continue reading... https://ift.tt/KrGzYh9 July 08, 2025 at 10:03PM

US president announces tariffs of up to 200% on foreign drugs and 50% on copper as he continues to shift plans

Donald Trump vowed to further escalate his trade wars on Tuesday, threatening US tariffs of up to 200% on foreign drugs and 50% on copper, amid widespread confusion around his shifting plans.

Hours after saying his latest deadline for a new wave of steep duties was “not 100% firm”, the US president declared that “no extensions will be granted” beyond 1 August.

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from The Guardian https://ift.tt/OgAi5Qz