Trump threatens drug tariffs

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good morning! It’s Daniel de Vis with your daily money.

President Donald Trump is currently threatening to collect tariffs of up to 250% on drugs imported into the United States.

The president told CNBC on Tuesday that he plans to announce new import taxes on drugs and semiconductors “within next week or so.”

What does that mean for drug prices?

I’m waiting for a sale back to school

While kids aren’t ready to hear about going back to school, many state sales tax holidays can help parents save shopping back to school.

That’s particularly important this year, Betty Lynn Fisher reports.

17 states have sales tax holidays. Details are here.

📰 More Stories You Shouldn’t Overlook 📰

📰 Great reading 📰

Finally, there is a popular story that you may have missed earlier this year. Read it! share!

Inheritance is often considered a financial windfall, but people may want to consider shaking it off.

Receiving a substantial gift can have unintended consequences that can overturn your financial situation or cause friction between your family. If either of these applies, consider rejecting it, experts said. It may not be worth your time, money, or feelings.

About daily money

Every day, Daily Money will provide you with the best consumer and financial news from USA Today, breaking complex events, providing you with the TLDR version, and explaining how everything from the Fed rate to bankruptcy will affect you.

Daniel de Visé covers USA Today personal finance.

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