Trump slaps steep tariffs on patented drug imports
The 100% tariff will go into effect on July 31 for several major pharmaceutical companies — with full-scale implementation to begin in September.
The 100% tariff will go into effect on July 31 for several major pharmaceutical companies — with full-scale implementation to begin in September.
Goods made entirely of the metals will still face a 50% tariff, but the levy will be reduced to 25% for certain derivative goods, effective April 6.
The comments by the US Secretary of State heighten the Trump administration’s involvement a week after the top federal maritime regulator flagged the ship detentions.
Kurt Slocombe will guide the Western Canadian port in completing a transload and logistics facility while attempting to create a boom in commodity exports and recover volume share lost during the pandemic.
The home goods retailer isn’t baking any potential returns for eliminated tariffs into its 2026 financial expectations, executives said on a recent earnings call.
While fuel prices have historically served as a tailwind for modal conversion, in and of itself, it is insufficient to guarantee success, writes Ted Prince.
With more than 50% of the city-state’s bunker fuel imported via the Strait of Hormuz that has been effectively closed since the war started on Feb. 28, suppliers are feeling the pinch.
The Golden State’s on-highway average increased by about 35 cents week over week to nearly $7.22 per gallon.
The carrier is implementing a second surcharge on US trades to recoup higher operating costs driven by the war in the Middle East, and is asking maritime regulators for permission to levy the fee immediately.
Operations at the Worcester facility will be relocated to other locations, with employee layoffs slated to begin in May.