In a move that has sent shockwaves through global markets, President Donald Trump announced a series of new tariffs on imported goods, including pharmaceutical drugs, heavy-duty trucks, and kitchen cabinets. The tariffs, set to take effect on October 1, will see a 100% tariff on branded drugs, a 25% tariff on heavy trucks, and a 50% tariff on kitchen cabinets and bathroom vanities.
Trump justified the tariffs by stating that foreign-made heavy trucks and parts are hurting domestic producers. This decision marks a significant escalation in the ongoing trade war, with the measures being the toughest trade action taken by Trump since April’s reciprocal duties on nearly all US trading partners.
The move has sparked concerns among US businesses and consumers, with fears of increased prices on essential goods. The pharmaceutical industry, in particular, is bracing for the impact of the 100% tariff on branded drugs, which could lead to higher costs for medications for American consumers.
On the international front, the tariffs are likely to strain relations with key trading partners, including the UK, as Trump’s trade war expands to cover a wide range of sectors. The punitive rates imposed on drugs, trucks, and furniture are expected to have far-reaching implications on global trade dynamics.
While Trump’s administration argues that the tariffs are necessary to protect American industries and jobs, critics warn that such protectionist measures could lead to retaliatory actions from other countries, further escalating trade tensions and potentially triggering a full-blown trade war.
As the global economy grapples with the repercussions of these new tariffs, businesses and policymakers are closely monitoring the situation for any further developments that could impact international trade relations.
### Sources:
1. NDTV: [Trump Announces New Tariffs: 100% On Drugs, 50% On Kitchen Cabinets, Others](https://www.ndtv.com/world-news/donald-trump-announces-new-tariffs-100-on-pharmaceutical-drugs-50-on-kitchen-cabinets-bathroom-vanities-heavy-trucks-9346391)
2. NBC News: [Trump says U.S. will impose new tariffs on heavy trucks, drugs and kitchen cabinets](https://www.nbcnews.com/business/business-news/trump-says-us-will-impose-new-tariffs-heavy-trucks-drugs-kitchen-cabin-rcna233817)
3. France 24: [Trump slaps 100% tariffs on drugs, trucks and furniture in revived trade war](https://www.france24.com/en/americas/20250926-trump-100-tariffs-drugs-trucks-furniture-trade-war)
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