‘That’ll be going up’: Donald Trump suggests tariffs may increase
US President Donald Trump has suggested that tariffs may increase as he looks at pharmaceutical levies next.
“We’ve taken trillions of dollars, and we’ve been hurt very badly by other countries that did this to us,” he said.
“They were taking advantage of us … but now we’re doing it to them and fairly – I’ll tell you what? Modestly.
“But we’ll be taking, and we are taking in right now 25 per cent on cars, 25 per cent on steel and aluminium, 25 per cent on other things, and that’ll be going up to 50, 75, maybe 100 in some cases. We have to get our pharmaceutical industry back.”
