Trump slaps new tariffs on drugs, trucks and furniture

US President Donald Trump introduced a new punishment tariff tour in a wide range of imports, including 100 percent of branded drugs and 25 percent of heavy service trucks.

The latest Salvo, which Trump says is to protect the US manufacturing industry and national security, follows comprehensive tasks on other targeted taxes in imported products such as trade partners and steel up to 50 percent.

The dam threw a breath against the global growth and paralyzed job decision -making process, and the Federal Reserva said that it contributed to higher consumer prices in the United States.

Trump’s latest announcements on Truth Social did not say that new taxes would not be stacked above the current national tariffs.

However, recently trade agreements with Japan, the EU and the United Kingdom contain provisions that limit tariffs for certain products such as drugs.

Tokyo said that Canberra analyzed the potential impact of new measures called “unfair” and “unfair”.

Trump also watched the United States’ commitment to “bring back ve and said that he would start to get 30 percent of tariffs in 50 percent tariffs and flooring furniture in imported kitchen cabinets and bathrooms.

All new tasks enter into force as of October 1st.

Trump said on Thursday, “The reason for this is that these products are largely ‘flood’ by other foreign countries.

While investors reacted to the news, the stocks of the pharmaceutical companies in Asia fell, Australia’s CSL reached the lowest level of six years, Japan’s Sumitomo drugs rolled more than three percent, and the pharmaceutical indices in Hong Kong and India fell multipathic indexes in India.

Considering the risks associated with a lawsuit in front of the Supreme Court, the new actions are seen as part of the Trump administration’s transition to better established legal authorities for tariff actions.

Trump said that the company’s new 100 percent tariff in the branded or patented pharmaceutical product will be valid for all imports unless the company has already screamed to build a production facility in the United States.

Pharmaceutical research, an industrial group, and American manufacturers (PHRMA), companies, “hundreds of billions of investments in new US investments,” he said. Tariffs put these plans at risk.

The Trump administration opened a dozen probe to the national security results of imports such as airplanes, semiconductors and critical minerals to form the basis of new tariffs.

Trump has made an important foreign policy tool by using them to re -negotiate trade agreements, to concess up and to implement political pressure on other countries.

The management reduced its impact on consumer prices and claimed that Washington could collect $ 300 billion (A459 billion dollars) by the end of the year as an important source of income.

Some economies that already make agreements can fulfill the latest tasks.

While the EU agreement with the US will pay 15 percent tariffs for goods, including pharmaceuticals, it has an agreement that Japan’s tariff rates will not exceed others, including the EU.

In Australia, Health Minister Mark Butler told reporters that the government is working to understand the effects of the new “unjust, unfair tariffs after 20 years of free trade”.

PHRMA said that more than half of the $ 85.6 billion components used in drugs consumed in the United States are produced in the US, the rest from Europe and other US allies.

Furniture imports to the United States increased by seven percent compared to the previous year and reached $ 25.5 billion in 2024.

According to Furniture, approximately 60 percent of these imports came from Vietnam and China.

Higher tariffs in commercial vehicles can print on transportation costs, especially in consumer goods such as food, as Trump promises to reduce inflation.

The US Chamber of Commerce previously called on the department not to apply new truck tariffs, the first five import sources were Mexico, Canada, Japan, Germany and Finland, all of these allies or close partners who do not pose any threat to the national security of the United States ”.

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