Trump Doubles Down on Tariffs, Threatens Pharmaceutical Import Bans

President Donald Trump escalated trade tensions during a Republican fundraising gala, announcing sweeping new tariffs and threatening further action against China. He accused other countries of ‘kissing his ass’ for seeking trade deals while vowing to impose significant tariffs on both Chinese goods and pharmaceuticals. The announcement came just hours before the implementation of major hikes in U.S. tariffs on Chinese imports.