US President Donald Trump holds a chart as he delivers remarks on “reciprocal” tariffs in the White House Rose Garden in Washington on April 2 last year. Photo: AFPThey must do both to avoid tariffs altogether and would face a 20 percent tariff if they simply move some manufacturing to the US, an administration official said. The tariffs would not apply to drug imports from all countries. Branded drug tariffs would be capped at 15 percent under trade deals with the EU, Japan, South Korea and Switzerland. The change in the metals tariffs would be effective just after midnight on Monday, the order said.

Source: Taipei Times April 03, 2026 17:12 UTC