Donald Trump has revealed a new series of commercial prices in several key sectors, the most punitive rate likely to affect British companies.
The American president used his social account Truth last night to confirm that a new 100% price would apply to any pharmaceutical product of brand or patented from October 1.
He said that to escape the claws of this duty, a company must have already struck a new American factory.
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From the same date, a 50% rate would be applied to all imported kitchen and bathroom cabinets while padded furniture was faced with a rate of 30%.
A 25% price faced heavy truck shipments.
THE president did not confirm whether the functions would be lower for the nations to have agreed with its administration, in particular the United Kingdom and the European Union.
Everyone faces coverage of 10% and 15% of rate on their exports respectively at the moment.
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It is probably that new tasks will be applied in accordance with other higher sectoral prices which are currently in place above these agreed rates.
“Reason is the large-scale” flood “of these products in the United States by other external countries,” said Trump in his post.
The absence of details on the application of new planned tariff rules means more uncertainty for potentially affected companies.
The actions of the pharmaceutical companies listed in Asia fell sharply overnight while industry organizations rushed to request clarification on the new rules.
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Astrazeneca – The most precious listed company in the United Kingdom – already has large American manufacturing and research operations.
In July, when the threat of prices was heard, it revealed plans for an additional $ 50 billion investment by 2030.
American figures show that the country imported 233 billion dollars in foreigners and drugs last year.
A 100%rate rate, even on some of these shipments, risks increasing the cost of American health care.
By imposing the rate of price 100%, Trump wants to reduce prices by encouraging domestic production.
American industrial groups have lined up to oppose the planned measures.
Pharmaceutical research and American manufacturers have said that non -American companies continued to announce hundreds of billions of new American investments. “The prices risk these plans,” he said.
The United States Chamber of Commerce urged half a turn on all truck prices.
He said that the five nations at least affected – Mexico, Canada, Japan, Germany and Finland – were “allies or partners close to the United States leading no threat to US national security”.