Pharma, chips, other sectors look set to get hit with new tariffs soon, even as courts wrestle with other Trump levies

Federal courts have blocked and then reinstated the bulk of U.S. President Donald Trump’s tariffs in the past 24 hours, but the rulings don’t affect the import taxes that he’s slapped on particular sectors — and that he’s expected to impose on other industries.

May 29, 2025 - 22:02
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Pharma, chips, other sectors look set to get hit with new tariffs soon, even as courts wrestle with other Trump levies
Federal courts have blocked and then reinstated the bulk of U.S. President Donald Trump’s tariffs in the past 24 hours, but the rulings don’t affect the import taxes that he’s slapped on particular sectors — and that he’s expected to impose on other industries.