Trump’s new tariffs threaten Australian pharmaceutical exports | 7NEWS

Trump’s new tariffs threaten Australian pharmaceutical exports | 7NEWS

President Trump has announced new 100% tariffs on pharmaceutical imports starting next Wednesday, threatening Australia’s $2 billion pharmaceutical export industry to the US. The tariffs initially caused CSL shares to drop before recovering when the company highlighted it has significant US manufacturing operations, which exempts it from the new tariffs. Credit to : 7NEWS Australia