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News in English (USA) / 26.09.2025 / 04:00

Trump Announces New 100% Tariffs on Pharmaceuticals Alongside Other Import Duties

President Trump has revealed a series of new tariffs set to take effect, including a controversial 100% tariff on imported branded and patented pharmaceutical drugs starting October 1. This aggressive economic measure aims to encourage pharmaceutical companies to establish manufacturing plants within the United States. In addition to pharmaceutical products, the new tariff regime will also impose duties of 50% on kitchen cabinets and varying rates between 25% to 30% on heavy trucks and furniture. The announcement has created stir in the market, affecting stocks and raising concerns among international partners and drug manufacturers.
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