Trump sets new drug tariffs, adjusts metals duties after 'Liberation Day'

A year after 'Liberation Day,' former President Donald Trump has set new tariffs on drugs and adjusted import duties for metals, according to a Reuters report. These actions are part of his trade policies aimed at shielding domestic industries and addressing concerns over reliance on imports in critical sectors. The drug tariffs may affect pharmaceutical prices, while the metals duty adjustments target industries such as automotive and construction. This move underscores his continued protectionist stance, though specific rates and implementation details have not been widely disclosed.