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What new tariffs has Trump announced?

Asked 2 hours ago

Answer

Trump has announced new US tariffs including 25% on heavy-duty trucks, 100% on branded pharmaceuticals unless manufacturing is in the US, 50% on kitchen cabinets and bathroom vanities, and 30% on upholstered furniture.

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Reuters

Trump slaps fresh tariffs on heavy trucks, drugs and furniture

Reuters ยท Just In
Reuters
Reuters
Just In
  • Trump announces 25% tariff on heavy-duty trucks, citing national security. 10s
  • A 100% tariff will be imposed on branded pharmaceuticals unless US manufacturing has started. 34s
  • New tariffs include 50% on kitchen cabinets and bathroom vanities, and 30% on upholstered furniture. 58s
  • Industry groups warn tariffs could harm investment and disrupt trade. 49s
  • Details on exemptions or stacking with existing tariffs were not provided. 1m 38s
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References

Trump slaps fresh tariffs on heavy trucks, drugs and furniture
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Reuters
3 hours ago
Trump slaps fresh tariffs on heavy trucks, drugs and furniture

Trump announced a 25% tariff on heavy-duty trucks citing national security concerns.

Trump slaps fresh tariffs on heavy trucks, drugs and furniture
Icon
Reuters
3 hours ago
Trump slaps fresh tariffs on heavy trucks, drugs and furniture

A new 100% tariff on any branded or patented pharmaceutical product, unless the company is building a US manufacturing plant.

Trump slaps fresh tariffs on heavy trucks, drugs and furniture
Icon
Reuters
3 hours ago
Trump slaps fresh tariffs on heavy trucks, drugs and furniture

A 50% tariff on kitchen cabinets and bathroom vanities, and a 30% tariff on upholstered furniture.

Europe's pharma giants could be insulated from Trump's drug tariffs
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CNBC
3 hours ago
Europe's pharma giants could be insulated from Trump's drug tariffs

A 100% tariff will be imposed on branded or patented drug imports starting October 1, with exemptions for companies building US manufacturing plants.

Europe's pharma giants could be insulated from Trump's drug tariffs
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CNBC
3 hours ago
Europe's pharma giants could be insulated from Trump's drug tariffs

Trump also unveiled a 25% levy on heavy truck imports and tariffs ranging between 30% and 50% on furniture and kitchen cabinets.

Trump imposes 100% tariffs on branded pharmaceuticals
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10 News First
4 hours ago
Trump imposes 100% tariffs on branded pharmaceuticals

Trump declared a 100% duty on imported branded and patented pharmaceutical products unless manufacturing is done within the United States.

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