The new Trump tariffs about drugs, trucks and furniture: higher history

00:09 Speaker a

Well, the president was quite busy in Truth Social last night. It presented a new round of punishment rates in a wide range of imported goods, including 100% of brands in brand medications and 25% of encumbrances in heavy -duty trucks, which will enter into force next week.

00:30 Speaker a

Now, the stocks of pharmaceutical products in Asia fell strongly and, in fact, also in Australia. And although there was an initial fall in European pharmaceutical actions, the decreases were less pronounced.

00:41 Speaker a

It is interesting to note that GSK’s actions, which are quoted in London, are higher. Now, remember, the United Kingdom Pharma agreed to invest in the United States earlier this month.

00:51 Speaker a

As expected, the American heavyweight Eli Lilly has seen that its shares increase in the market prior to more than 1% there.

01:00 Speaker a

Now, Trump also said that he would start charging a 50% rate in imported kitchen cabinets and bath dressers, and a 30% rate in upholstered furniture. All new tasks enter into force as of October 1.

01:13 Speaker a

In addition, according to the Wall Street Journal, the United States also plans to ask chips manufacturers to manufacture as many chips as customers matter in an attempt to stop confidence in foreign supply.

01:27 Speaker a

The Trump administration would impose tariffs on companies that do not maintain a proportion one with the time. The plan is the result of what President Trump referred to last month when he said that the technological companies that invest more in the US. UU. Would avoid approximately 100% of tariffs in the semiconductors.

01:44 Speaker a

Now, if it is implemented, this could be a great headache for Apple. It imports chips from around the world. But companies like Micron and Intel that are increasing production in the United States, well, could benefit.

01:55 Speaker a

Okay, well, here is my colleague Josh Lipton about what you need to see today.

02:02 Josh Lipton

Very good, starting in the Federal Reserve. We are going to receive more comments on Friday from a couple of Fed officials, Richmond President Tom Barkin, Michelle Bowman, the best police in the Fed Bank.

02:14 Josh Lipton

This came after a large batch of comments on Thursday, including Michelle Bowman, Bowman, said the fragile labor market justifies more interest rate cuts.

02:22 Josh Lipton

Speaking of the Central Bank, the Fed preferred the inflation meter that will come out on Friday, that is the expense of personal consumption or the PCE. The economist who predicts PCE total for August to accelerate 0.3%, while the central PCE slowed 0.2% at a month base.

02:39 Josh Lipton

And finally, I will obtain the final reading of the feeling of the consumer of the University of Michigan. That number is expected to remain stable compared to the previous reading at 55.4, which does not indicate changes in the consumer’s attitude towards the economy.

02:51 Josh Lipton

55.4 It is a historically low reading, which indicates that consumers are still relatively low on current conditions.