Trump Unveils Major Tariffs on Trucks, Furniture, and Medicines Starting October
President Trump announced that new import tariffs will take effect October 1, including 25% on heavy trucks, 30% on upholstered furniture, 50% on kitchen cabinets and bathroom vanities, and up to 100% on branded pharmaceuticals—unless manufacturers invest in U.S. facilities. The move aims to boost domestic production and address foreign…
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