Tariffs on Semiconductors and Pharmaceuticals: What Lies Ahead?
President Donald Trump’s administration is pushing forward plans to investigate tariffs on semiconductor and pharmaceutical imports. The Commerce Department will conduct probes into these sectors. This move follows Trump’s comments about potential temporary tariff exemptions on vehicles and auto parts. Stakeholders in the tech and pharmaceutical industries should prepare for upcoming changes that may significantly impact market dynamics. As the situation evolves, companies need to remain agile and adapt to the regulatory landscape to thrive under these new conditions.