New Tariffs Set to Hit Key Products Including Pharmaceuticals | EWTN News Nightly

About this sermon

In just a matter of days, a sweeping new set of tariffs announced by President Trump will take effect—some reaching as high as 100 percent. Scheduled to begin October 1, these tariffs will target a wide range of products, including household goods, heavy trucks, and notably, pharmaceuticals. Under the new policy, brand-name or patented drugs will face a 100% tariff—unless the manufacturer is building production facilities within the United States. Mitch Roschelle, Principal and Chief Strategy Officer at Madison Ventures, joins to break down what this could mean for businesses and consumers, especially in the pharmaceutical sector. ------------ EWTN News Nightly provides the latest news and analysis from a Catholic perspective. Join our Capitol Hill, White House and Rome Correspondents, as well as many other diverse guests daily, to get the latest from the U.S. and the Vatican on topics regarding our Catholic faith and interests. ------------- EWTN News Nightly airs on EWTN weekdays at 6pm & 9pm ET. ------------ Don't miss an episode of EWTN New Nightly. Get updates here: https://www.ewtn.com/tv/shows/ewtn-news-nightly ------------- Sign up today to receive the EWTN News Nightly newsletter: https://www.ewtn.com/enn ------------- Follow EWTN News Nightly on Social Media: Facebook: https://www.facebook.com/ewtnnewsnightly Twitter: https://twitter.com/EWTNNewsNightly Instagram: https://www.instagram.com/ewtnnewsnightly/ ------------- Subscribe to EWTN YouTube channel here: https://www.youtube.com/user/EWTN ------------- You can support the EWTN News mission: https://bit.ly/3qDR1qf