Trump govt. announces adjustments to metal tariffs, 100% pharmaceutical duty amid affordability concerns

US President Donald Trump's administration said Wednesday it will impose 50 percent tariffs on steel, aluminum and copper imports based on their full value paid by US customers in America rather than artificially low foreign prices. It also plans to adjust tariffs on derivative metal products, under which no additional sectoral duties will be imposed on products containing less than 15 percent steel, aluminum or copper by weight, while a 25 percent tariff will apply to those exceeding that t