Trump Announces Tariffs on Drugs, Trucks, and Furniture
TL;DR Summary
President Donald Trump announced new steep tariffs on pharmaceuticals, trucks, and furniture, signaling a revival of the US trade war with measures including a 100% tariff on branded pharmaceuticals unless manufacturing is moved to the US, a 25% tariff on heavy trucks, and a 30% tariff on furniture, citing national security and market flooding concerns.
- Trump announces ‘national security’ tariffs on drugs, trucks, furniture Al Jazeera
- Trump announces a 25% tariff on trucks and a 30% tariff on furniture CNN
- Trump’s New Tariffs Shock Countries Reeling From His Chaotic Trade War The New York Times
- Trump to place import taxes on drugs, home furnishings and heavy trucks NPR
- U.S. to impose tariffs on pharmaceutical drugs, kitchen cabinets, furniture and heavy trucks CBS News
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