Trump Implements New Tariffs on Trucks, Furniture, Pharmaceuticals, and Chips
TL;DR Summary
President Donald Trump announced new tariffs effective October 1, including 25% on heavy trucks, 50% on kitchen cabinets and bathroom vanities, and 30% on upholstered furniture, aiming to support domestic companies.
- Trump announces new tariffs on trucks, furniture and pharmaceuticals The Washington Post
- A 100% tariff on some imported drugs is coming October 1, Trump says CNN
- Trump announces ‘national security’ tariffs on drugs, trucks, furniture Al Jazeera
- US plans 1:1 chip production rule to curb overseas reliance, WSJ reports Reuters
- Trump slaps 25% tariffs on heavy truck imports, starting Oct. 1 CNBC
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