Trump announces plans to introduce ‘major tariff’ on pharmaceuticals amid market turmoil
At a dinner held by the National Republican Congressional Committee on Tuesday, President Donald Trump
announced that he would soon introduce a “major tariff on pharmaceuticals.
“The announcement came after another rough day at the stock market, with the Dow Jones Industrial Average falling more than 300 points.
“And when you, and when [pharmaceutical companies], hear that they will leave China, [pharmaceutical companies] will leave other places because they have to sell most of their product is sold here, and they’re going to be opening up their plants all over the place in our country,” Trump told his audience. “We’re going to be announcing that.”
“So that’s breaking news, ladies and gentlemen. We have breaking news. That’s what’s going to happen.”
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