Former President Trump has been ordered by a US federal trade court to rescind all tariffs within 10 days after a legal challenge blocked their enforcement. The ruling marks a significant setback in his trade policies.
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The US-China trade war began under President Trump, escalating tariffs and tensions between the world’s two largest economies. The dispute reshaped global trade and influenced markets, reports the Las Vegas Sun.
President Trump threatens a 200% tariff on imported drugs amid AstraZeneca’s announcement of a $50 billion investment in the US, signaling heightened trade tensions in the pharmaceutical sector.