29.03.2025 10:10
U.S. President Donald Trump stated that he is ready to negotiate on automobile tariffs and reciprocal customs duties. He also made remarks regarding drug tariffs and bringing manufacturing back to the United States.
NEW US President Donald Trump stated that he is open to making a deal regarding car tariffs and mutual customs duties if they can get something in return. Trump made statements to the press on Air Force One. In response to a question about his phone conversation with Canadian Prime Minister Mark Carney today, Trump said, "I think I have always loved Canada. We had a very good conversation. (In Canada) there is an election, so we will talk to the Prime Minister after the election."
PHARMACEUTICALS ARE ALSO INVOLVED IN THE ECONOMIC WAR
Trump indicated that they will soon announce tariffs on drugs, emphasizing that they need to bring the production of pharmaceutical products back to the US. He stated that they do not want to rely on other countries as they did during the pandemic, and noted that they will impose tariffs at a level sufficient to encourage drug companies to bring their production to the country.
SET CONDITIONS FOR THE DEAL
In response to a question about tariffs on cars and mutual customs duties, Trump said, "They want to make a deal. If we can get something in return, it is possible. But you know, for 40 years, maybe even longer, they have been taking advantage of us, and that will no longer be the case. But I am definitely open to a deal if we can get something in return." When asked whether this would happen before the tariffs are announced, Trump replied, "No, probably later. This is a process."
TURKEY MAY ALSO BE AFFECTED
There is no recorded figure for Turkey's drug exports to the US, but the US is among the top five countries from which Turkey purchases the most drugs. Therefore, it is assessed that the trade war in the pharmaceutical sector could both raise global drug exports and increase Turkey's import costs in the face of potential price hikes from the US.