Trump seeks to revitalize the naval and logistics industry in the U.S. to compete with China and India, leading the global naval industry. The maritime strategy includes plans such as the Maritime Action Plan and SHIPS for…
The White House publishes a list of tariffs for 92 countries, with increases ranging from 10% to 41%, seeking to compensate for fiscal cuts. The EU will apply a 15% tariff on European products, while Brazil and Canada face increases. There are no changes in tariffs to China. The markets react negatively, increasing economic uncertainty.
During the COVID-19 pandemic, concern arose over the U.S.’s dependence on China for essential medicines. Trump ordered in 2020 to prioritize the domestic production of these medicines. The exposure to Chinese products is less than 25% in volume of active pharmaceutical ingredients. Understanding this dependence is crucial for supply policy and resilience.
