Trump's tariffs on cars, copper, drugs, aluminum could hit harder than other levies
40d ago
Business
CNBC
President Trump's targeted tariffs on specific industries like cars, copper, pharmaceuticals, and aluminum are generating significant pressure on businesses and foreign governments. Unlike broad-based tariffs, these sector-specific levies force companies to adapt to rapidly changing trade policies and navigate complex supply chains. The focused approach intensifies the impact, potentially leading to price increases for consumers and disruptions in international trade relationships as nations grapple with the evolving trade landscape under the Trump administration.