Air Freight News

Germany assumes 15% U.S. tariff rate will apply to pharma, heavy trucks

Germany expects the United States to apply a 15% tariff rate to pharmaceuticals and heavy trucks, a government spokesperson said during a regular press conference on Monday.

U.S. President Donald Trump unveiled sweeping new import tariffs last week, including 100% duties on patented drugs and 25% levies on heavy-duty trucks, triggering fresh trade uncertainty.

A White House official later said the administration would honor 15% caps on tariffs for imported pharmaceuticals under patent for countries with trade deals that specified such reductions.


Reuters
Reuters

Similar Stories

https://www.ajot.com/images/uploads/article/AI_Middle-East-Conflict_insight.jpg
AI vertical among those most exposed to Middle East conflict
View Article
https://www.ajot.com/images/uploads/article/Signal_14_1.png
Signal Ocean Spotlight: Iron Ore – Disconnect between Chinese iron ore imports and steel production widens
View Article
https://www.ajot.com/images/uploads/article/global_softwood_markets.png
Europe and Russia: A region of contrasts shaping global softwood markets
View Article
https://www.ajot.com/images/uploads/article/American_Trailer_Manufacturers_Coalition.png
American Trailer Manufacturers Coalition applauds affirmative preliminary determination from DOC in AD/CVD trade case
View Article
DOE’s Office of Critical Minerals and Energy Innovation announces $134 million to bolster rare earth element supply chains

Selected projects will strengthen domestic rare earth supply chains, reduce reliance on foreign sources, and improve U.S. energy security.

View Article
https://www.ajot.com/images/uploads/article/Holly_McDade.jpeg
Merlo America welcomes new finance manager to support continued growth
View Article