More Trump Tariffs Coming: Pharmaceuticals, Trucks, Home Fixtures

  • Exemptions apply to branded or patented drugs only if the manufacturer is already “building” a US plant—defined as breaking ground or under construction.

The US will impose a 100% tariff on branded or patented pharmaceuticals and add new 25% duties on heavy trucks, 50% levy on kitchen cabinets and bathroom vanities, and 30% duties on upholstered furniture effective October 1, 2025, President Donald Trump announced on Truth Social.

Common in all announcements is the reason for the tariffs to be national security. On pharmaceuticals, Trump specified that the 100% duty will not apply if a company is “builidng” a US manufacturing plant, a term he defined as a project that has broken ground or is under construction.

For heavy trucks, the president said the 25% levy aims to “protect our Great Heavy Truck Manufacturers from unfair outside competition,” citing domestic brands such as Peterbilt, Kenworth, Freightliner, and Mack Trucks.

“We need our Truckers to be financially healthy and strong, for many reasons, but above all else, for National Security purposes!” Trump added.

For home-goods categories, Trump said the move addresses “large scale ‘FLOODING’” of these goods into the US market.

“It is a very unfair practice, but we must protect, for National Security and other reasons, our Manufacturing process,” he ended.


Information for this story was found via the sources and companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

The $30,000 Gold Case Just Got Stronger | Simon Marcotte

Why Silver’s Move Is ‘Scary’ to Some Miners | Frank Basa

Are Commodities Entering a Generational Cycle? | Terry Lynch

Recommended

First Phosphate Finalizes $16.7 Million Non-Repayable Funding From Government Of Canada

Ottawa Backs First Phosphate Battery Grade Validation Push With $16.7M Boost

Related News

Mercedes-Benz Denies Exit Rumors as Auto Industry Braces for US Tariffs

Mercedes-Benz Group AG officially denied a Bloomberg report that it was considering withdrawing its cheapest...

Wednesday, April 2, 2025, 03:04:00 PM

Trump Demands Higher Drug Prices for Canada as Tariffs Loom

The Trump administration is demanding that pharmaceutical companies raise drug prices in Canada and other...

Monday, August 11, 2025, 08:01:42 AM

Did Trump Get Duped By Japan?

The touted trade agreement between the US and Japan is swiftly unraveling amid growing disputes...

Tuesday, July 29, 2025, 12:58:00 PM

Snubbed by Detroit, Canada Turns to Chinese Automakers

Canada courted Chinese electric vehicle manufacturers in January after American automakers reduced their Canadian operations,...

Thursday, February 19, 2026, 01:05:00 PM

Trump Warns Embargoes Are On Table After Tariff Loss

President Donald Trump escalated trade threats after the US Supreme Court struck down his tariffs,...

Monday, February 23, 2026, 12:09:00 PM