Trump's New Pharma, Truck Tariffs: Terrible Or Toothless?
1. Mexico accounts for 82.31% of U.S. heavy-duty truck imports this year. 2. Trump announced 100% tariffs on pharmaceuticals and 25% on commercial trucks. 3. Carve-outs may negate the impact of tariffs on truck imports. 4. U.S. trade deficit with Mexico reached $112.59 billion through July. 5. Carved-out imports from USMCA may limit tariff damage to U.S. manufacturing.