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BUSINESS

Trump Ramps Up Tariff Blitz With India, Pharma, Chips in Sights

President Trump announced new tariffs on countries purchasing Russian energy, adding to his recent trade policy revisions. These increased tariffs, ranging from 10% to 41%, target various import sectors. Further tariffs on semiconductors and pharmaceuticals are expected within a week, signaling Trump's ongoing efforts to reshape global trade despite potential negative economic impacts.

Prepared by Christopher Adams and reviewed by editorial team.

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