Trump claims a maximum tax of 250% on imported medicines
According to a report from the U.S. Consumer News and Business Channel (CNBC), on August 5 local time, U.S. President Trump said in an interview with the media that the final tariff on imported medicines into the United States could be as high as 250%. Some media pointed out that Trump had previously threatened to impose high tariffs on imported medicines to the U.S., but this time, the tariff rate proposed by Trump is the highest so far.
Trump said on the program that he would first impose "a low tariff" on medicines, but after one to one and a half years, gradually increase the tariff to 150% or even 250%.
Foreign media analysis stated that Trump has repeatedly threatened to implement tariffs, but has also changed his position "quickly", so it is still uncertain whether he will finally set the medicine tariff at the level of 250%.
Trump had said in a cabinet meeting in early July that he would soon announce "very high" tariffs on imported medicines to the U.S., "for example, 200%". Trump also said that specific tax details are expected to be announced by late July, and the tariffs will not take effect immediately, giving companies a buffer period of one to one and a half years.
This is the latest statement from Trump since the Trump administration launched a "Section 232" investigation into a special tariff on medicines in April this year.
Original: https://www.toutiao.com/article/1839626797715464/
Statement: This article represents the views of the author himself.