Trump says US will impose new tariffs on heavy trucks, drugs and kitchen cabinets
Tariffs include 100% on pharmaceuticals unless U.S. plants are under construction, 25% on heavy trucks, and up to 50% on furniture and cabinets to protect domestic industries, officials said.
- President Donald Trump announced new tariffs on foreign-made trucks, cabinets, furniture, and pharmaceutical products on Thursday night.
- The highest tariff of 100% will apply to pharmaceutical products unless companies build their plants in the U.S.
- A 50% tariff will begin on kitchen cabinets and bathroom vanities, while furniture will face a 30% tariff on October 1.
- These measures aim to protect U.S. manufacturers and secure national interests.
221 Articles
221 Articles
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…
The import duty is to apply from 1 October. According to the American president, there is an exception for pharmaceutical companies that are building new production facilities in the USA.
U.S. President Donald Trump announced Thursday that he will impose new tariffs as of October 1st: 100% on pharmaceuticals and other products will be affected.
Medicines, trucks and furniture: Donald Trump has imposed new duties to apply from 1 October. For the German pharmaceutical industry, this decision is a big blow.
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