Trump Tariffs Threaten Major Textile, Pharmaceutical Sectors US, Cambodia, Indonesia, Australia

President Donald Trump has threatened significant tariffs on pharmaceutical products imported into the United States, proposing rates as high as 200%, which threatens to severely impact Australia's pharmaceutical export industry amid ongoing trade tensions. Meanwhile, Trump has imposed a 36% tariff on Cambodian garment exports, down from an initially proposed 49%, causing anxiety among garment workers who fear factory closures and job losses as Cambodia's chief negotiator seeks further tariff reductions. Similarly, Indonesia faces a 32% import tariff on its products, including textiles and footwear, which economists warn could lead to large-scale layoffs affecting millions of workers and disrupt the national economy due to shifts in trade to countries with lower tariffs. These tariff measures underscore a broader pattern of US trade policy under President Trump, targeting multiple sectors and countries, with allies like the UK and Canada securing exemptions while others grapple with the economic fallout and urgent negotiations. The tariffs have raised concerns about manufacturing stability, employment, and export competitiveness in affected countries, prompting government officials and industry leaders to seek dialogue with the US administration to mitigate adverse effects.