Donald Trump backs down from 250% EU pharma tariff in deal
Source: BBC
Rachel ClunBusiness reporter, BBC NewsReutersDonald Trump and Ursula von der Leyen made the initial agreement last monthUS President Donald Trump has backed down from setting high tariffs on pharmaceuticals and semiconductors imported from the European Union.Last month, Trump said pharmaceuticals and semiconductors were not covered by the US and EU's handshake trade deal - meaning those sectors could have faced…
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