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Highlights
- Trump announces 100% tariffs on branded pharmaceuticals to be enforced from October amid a broad duties package, aiming to shift production back to the US.
- Cabinets face a 50% tariff while trucks are hit by 25%, broadening the scope beyond medicines to affect home goods and heavy industry.
- Investors reacted with caution as pharma and auto equities wavered on news of expanded tariffs, signaling broader market risks.
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References
U.S. to impose tariffs on pharmaceutical drugs, kitchen cabinets, furniture and heavy trucks
U.S. to impose 100% tariff on branded, patented drugs unless firms build plants locally, Trump says
A 100% tariff on some imported drugs is coming October 1, Trump says | CNN Business
Trump to put import taxes on pharmaceutical drugs, kitchen cabinets, furniture and heavy trucks
Trump says U.S. will impose new tariffs on heavy trucks, drugs and kitchen cabinets
Trump says US will impose new tariffs on heavy trucks, drugs and kitchen cabinets
Trump announces new tariffs on trucks, drugs and kitchen cabinets
Trump threatens 100% tariffs on prescription drugs — unless companies build in the U.S.
Why Trump's 100% tariff on pharmaceutical drugs can be bad news for India
Trump to put import taxes on pharma, home furnishings, heavy trucks
US: Trump's new tariffs to target drugs, furniture, trucks – DW – 09/26/2025
Trump to place import taxes on drugs, home furnishings and heavy trucks
Trump trade war expands to cover drugs, trucks and furniture
Trump's new tariffs on 'Heavy Trucks' to protect US manufacturers
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