1 / 4

Copyright 2025 The Associated Press. All rights reserved

Traders Edward Curran, left, and Robert Charmak work on the floor of the New York Stock Exchange, Wednesday, Sept. 17, 2025. (AP Photo/Richard Drew)

MANILA – World shares are mixed on Friday, tumbling in Asia and rising in European trading after President Donald Trump announced plans for new tariffs including 100% import taxes on pharmaceutical drugs , starting Oct. 1.

Trump said Thursday on his social media site that foreign makers of furniture and cabinetry were flooding the United States with their products and that tariffs must be applied “for National Security and other reasons.”

He said foreign-made heavy trucks and parts are hurting domestic producers. However, most such trucks are either made in America or are U

See Full Page