Trump Announces Sweeping New Tariffs: 100% on Imported Branded Drugs, 50% on Kitchen Cabinets & More
Oneindia
2025-09-26
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President Donald Trump has announced a new round of sweeping tariffs targeting a wide range of imported goods. Starting October 1, the U.S. will impose 100% tariffs on imported branded and patented pharmaceuticals, 50% tariffs on kitchen cabinets, and 25% tariffs on heavy-duty trucks.
The move aims to protect American manufacturers and reduce dependence on foreign imports, but industry groups have warned it could disrupt supply chains and raise costs for consumers. Companies like Paccar, Peterbilt, Kenworth, and Freightliner are expected to benefit, while critics caution about global trade tensions with allies like Mexico, Canada, and Japan.
Watch the full breakdown of how these tariffs will affect American businesses, consumers, and international trade.
#Trump #Tariffs #USTrade #BrandedDrugs #HeavyTrucks #KitchenCabinets #AmericaFirst #GlobalEconomy #TradeWar #ImportDuties #BreakingNews #EconomicNews
~HT.178~PR.274~GR.122~
The move aims to protect American manufacturers and reduce dependence on foreign imports, but industry groups have warned it could disrupt supply chains and raise costs for consumers. Companies like Paccar, Peterbilt, Kenworth, and Freightliner are expected to benefit, while critics caution about global trade tensions with allies like Mexico, Canada, and Japan.
Watch the full breakdown of how these tariffs will affect American businesses, consumers, and international trade.
#Trump #Tariffs #USTrade #BrandedDrugs #HeavyTrucks #KitchenCabinets #AmericaFirst #GlobalEconomy #TradeWar #ImportDuties #BreakingNews #EconomicNews
~HT.178~PR.274~GR.122~
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