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Tariffs Loom as US Investigates Drug and Chip Imports

Business Today LogoBusiness Today6d ago

Tariffs Loom as US Investigates Drug and Chip Imports - Business Today

Quick Summary:

The Trump administration is advancing investigations into pharmaceutical and semiconductor imports, citing national security concerns—paving the way for new tariffs aimed at reducing reliance on foreign suppliers in critical sectors.

The US remains heavily reliant on semiconductors from Taiwan—a dependency former President Joe Biden attempted to reduce through large-scale incentives under the CHIPS Act to encourage domestic production.

Trump’s broad use of tariffs has previously unsettled financial markets and led economists to revise their forecasts for the US economy.

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Article Details

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-15 @ 01:38:23 (6 days ago)

News Timezone: GMT +8:00

News Source URL: businesstoday.com.my

Language: English

Article Length: 506 words

Reading Time: 3 minutes read

Sentences: 22 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Today

News ID: 27894863

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About Business Today

Business Today Logo

Main Topics: EconomyBusiness

Official Website: businesstoday.com.my

Update Frequency: 4 posts per day

Year Established: 2001

Headquarters: Malaysia

News Last Updated: 18 hours ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #72

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The story "Tariffs Loom as US Investigates Drug and Chip Imports" was covered 6 days ago by Business Today, a news publisher based in Malaysia.

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Business Today is a fully independent (privately-owned) news outlet established in 2001 that covers mostly economy and business news.

The outlet is headquartered in Malaysia and publishes an average of 4 news stories per day.

It's most recent story was published 18 hours ago.

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  • URL: https://citrocola.beamstart.com/news/tariffs-loom-as-us-investigates-17446814312981

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