US-German Trade Tensions: Tariffs on Pharma and Trucks

Germany braces for impact as the U.S. eyes tariffs on pharmaceuticals and heavy trucks! Following Trump's tariff announcement, uncertainty grips global trade markets. But there's a twist: the White House clarifies existing trade agreements will be honored, capping drug tariffs for countries like Germany at a lower 15%. Relief washes over German manufacturers, but caution remains as companies brace for potential supply chain disruptions and bottom-line impacts amid ongoing trade tensions. Hosted on Acast. See acast.com/privacy for more information.