United States President Donald Trump upped the stakes in his global trade war on Tuesday, with the announcement of plans to impose a 50 percent tariff on all imported copper alongside a 20 percent levy on pharmaceutical products immediately, followed by a rise in one year’s time.
Speaking to CNBC shortly after a Cabinet meeting, Secretary of Commerce Howard Lutnick said his department’s investigation into copper imports had concluded and that he expected the levy “likely to be put in…
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News Source: www.aljazeera.com
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