President Donald Trump said on Sept. 25 that he will impose a series of new tariffs on imports of heavy trucks, branded or patented pharmaceutical products, kitchen cabinets, bathroom vanities, and associated products starting next month.
Any heavy-duty trucks made outside the United States will see a 25 percent tariff, while Trump will impose a 50 percent tariff on kitchen cabinets, bathroom vanities, and related goods, and a 30 percent tariff on upholstered furniture. He said any branded or patented pharmaceutical drugs made by any companies that are not building their manufacturing plant in the United States will see a 100 percent tariff on their products….
Trump Announces New Tariffs on Heavy Trucks, Drugs, Kitchen Cabinets, Other Products
