Everything to know about Trump's tariff letters — and why it's a radical approach The letters were an outgrowth of global tariffs Trump first imposed on April 2, with rates ranging from 10% to 50%.

Trump threatens 200% tariffs on pharmaceuticals — but may wait ‘year and a half’ to impose them By Ariel Zilber Published July 9, 2025, 10:37 a.m. ET ...

Broadly, Trump is imposing two different, overlapping sets of tariffs, authorized by two different laws. One set includes the tariffs he's announcing in those country-by-country letters.

Many of Mr. Trump’s supporters are happy that he is leaving high tariffs in place, saying they are needed to ensure that the valuable U.S. market is preserved for American companies.

President Donald Trump’s latest tariff rollout is expected to result in higher prices for American consumers, a new Yale University analysis found Wednesday, projecting the president’s tariff ...

Mr. Trump said at a meeting in the White House this week that, after a year, imports of all pharmaceutical products would be “tariffed at a very, very high rate, like 200 percent.” ...