BERLIN (Reuters) - Germany expects the United States to apply a 15% tariff rate to pharmaceuticals and heavy trucks, a government spokesperson said during a regular press conference on Monday. U.S.
Germany Anticipates 15% Tariff on U.S. Pharmaceuticals and Trucks
Impact of U.S. Tariffs on Germany
BERLIN (Reuters) - Germany expects the United States to apply a 15% tariff rate to pharmaceuticals and heavy trucks, a government spokesperson said during a regular press conference on Monday.
Overview of New Tariffs
U.S. President Donald Trump unveiled sweeping new import tariffs last week, including 100% duties on patented drugs and 25% levies on heavy-duty trucks, triggering fresh trade uncertainty.
Government Response and Expectations
A White House official later said the administration would honor 15% caps on tariffs for imported pharmaceuticals under patent for countries with trade deals that specified such reductions.
(Reporting by Bernadette Hogg and Thomas Seythal; editing by Matthias Williams)
