Trump sets 100% tariffs on pharmaceuticals, 25% on heavy trucks for Oct. 1

Global NewsFriday, September 26, 2025 at 3:24:16 PM
Trump sets 100% tariffs on pharmaceuticals, 25% on heavy trucks for Oct. 1
President Trump has announced significant tariffs set to take effect on October 1, including a staggering 100% on pharmaceuticals and 25% on heavy trucks. This move also extends to a 50% tariff on imported kitchen cabinets and bathroom vanities, along with a 30% rate on upholstered furniture. These tariffs could lead to increased prices for consumers and strain international trade relations, raising concerns about the broader economic impact.
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