United States Imposes New Tariffs on Imports

In a significant move to address trade deficits, United States President Donald Trump announced on Friday the imposition of new tariffs on steel, aluminum, copper, and energy imports. Notably, oil and gas tariffs are scheduled to take effect by February 18. President Trump highlighted this strategy as a means to reduce the country's trade deficits and reiterated his commitment to bringing pharmaceutical production back to the United States.

No Exceptions for China, Canada, or Mexico

When questioned about recent reports suggesting a delay in the imposition of tariffs until March 1, President Trump firmly dismissed any possibility of exemptions for China, Canada, or Mexico. "Nothing can be done" to prevent the new tariffs, he stated, underscoring the administration's resolve.

Stay tuned for further updates on this developing story...