US EditionTrump says US will impose new tariffs on heavy trucks, drugs and kitchen cabinets
Tariffs aim to protect U.S. industries from import surges, with a 100% levy on branded drugs and 25% on heavy trucks starting Oct 1, according to the Commerce Department.
- U.S. President Donald Trump announced new tariffs starting Oct. 1, including 100% on pharmaceuticals and 25% on heavy trucks, to protect domestic manufacturing and increase revenue.
- Trump stated that the 100% tariff on branded drugs will not apply if companies are building manufacturing plants in the U.S.
- The 25% tariff on heavy trucks aims to shield U.S. truck manufacturers such as Peterbilt and Freightliner from outside competition.
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307 Articles
US President Trump has imposed 100 percent tariffs on pharmaceutical imports. Trump stated in his social network Truth Social that the premium will be charged on all branded and patented medicines. If pharmaceutical manufacturers build a production facility in the US, they could handle the customs.
US President Donald Trump announced new vamal taxes on medicines, trucks and mobile products outside the United States, notes AFP.
New volume of duties announced by US President Donald Trump, in force since October 1st. They will collect 50% duties for kitchen, bathroom furniture...
As of 1 October, an inch of 100 per cent will apply to imported brand medicines. The German pharmaceutical industry is concerned. There will also be up to 50 per cent tariffs on heavy goods vehicles, upholstered furniture and kitchen furniture.
Experts Warn of Inflation Surge in the U.S. as Trump Slaps 100% Tariff on Pharmaceuticals - teleSUR English
U.S. President Donald Trump announced on Thursday that he will impose new tariffs starting October 1: 100% on pharmaceutical drugs, with additional products also affected. He clarified that manufacturing plants currently “under construction” or “being shut down” in the U.S. will not be affected. RELATED: The Imposition of Secondary Tariffs is Economic Bullying: China The tariffs include 50% on kitchen cabinets and bathroom vanities, 30% on uphol…
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