Pharmaceuticals, semiconductors escape US tariffs – for now
- President Trump announced tariffs on April 2, with the event at 9pm Irish time.
- The administration believes some countries engage in unfair trade practices, leading to the tariffs.
- The announcement clarified some goods, like pharmaceuticals and semiconductors, would be exempt.
- Danny McCoy stated the tariffs will create a net export impact of around 2-3% short-term.
- The EU announced countermeasures, but Ursula Von der Leyen wants negotiation over confrontation.
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Bayer exec urges EU to avoid trade war as pharma dodges tariffs (for now)
Bayer’s head of Pharmaceuticals talks to Euractiv about US tariffs, expresses scepticism over CMA, and how the discussion on RDP should be focused on increasing it for incentivising competitiveness.
·Brussels, Belgium
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Leaning Left2Leaning Right1Center2Last UpdatedBias Distribution40% Left, 40% Center
Bias Distribution
- 40% of the sources lean Left, 40% of the sources are Center
40% Center
L 40%
C 40%
R 20%
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