Trump announces tariffs on a range of furniture, heavy trucks and pharmaceutical products

PANews reported on September 26 that US President Trump announced that a 50% tariff will be imposed on all kitchen cabinets, bathroom vanities, and related products starting October 1, 2025. A 30% tariff will be imposed on upholstered furniture. A 25% tariff will be imposed on all "heavy trucks" produced in the rest of the world starting October 1, 2025. Also, a 100% tariff will be imposed on all branded or patented pharmaceutical products, unless the company is building its pharmaceutical manufacturing facility in the United States.

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Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

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