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

Is This the End of the Gold and Silver Rally? | Peter Grandich

Why Gold And Silver Stay High Even After Rate Cuts | Todd Bubba Horwitz

Moon River Moly: The Davidson Moly-Copper-Tungsten PEA

Recommended

Total Metals Launches 5,500 Metre Drill Program At ElectroLode Property

Mercado Minerals Launches Two Phase Geophysical Program At Copalito Project

Related News

Trump Insists Trade Talks Underway, Beijing Firmly Denies

US President Donald Trump on Thursday insisted trade talks with China are taking place, directly...

Friday, April 25, 2025, 10:49:00 AM

Can Canada Counter Trump’s Tariffs With Suspending Patents?

As trade tensions intensify between the US and Canada due to the tariff threats made...

Monday, January 27, 2025, 12:08:00 PM

Canada Rolls Back On Most Counter-tariffs But Keeps Metal Duties

Canada moved to defuse a tariff fight with the US by dropping most of its...

Monday, August 25, 2025, 07:47:41 AM

Nike Call Frenzy Fuels Speculation For Vietnam Tariff Deal

A surge in out-of-the-money call option activity on Nike late Monday has ignited speculation of...

Tuesday, April 22, 2025, 02:19:00 PM

Amazon Tariff Transparency Spurs White House Backlash: “Not A Surprise”

Amazon’s (NASDAQ: AMZN) decision to display the cost of Trump-era tariffs on product listings has...

Tuesday, April 29, 2025, 09:40:16 AM