Trump Will Slap Tariffs on Imported Drugs, Trucks and Household Furnishings

https://www.nytimes.com/2025/09/25/business/economy/trump-tariffs-pharmaceuticals-furniture-trucks.html

Trump Will Slap Tariffs on Imported Drugs, Trucks and Household Furnishings
The president said his tariffs would range from 25 to 100 percent and would go into effect next week.
By Ana Swanson and Peter Eavis
Sept. 25, 2025, 8:37 p.m. ET

President Trump on Thursday announced a slew of punishing tariffs on pharmaceuticals, heavy trucks, kitchen cabinets, bathroom vanities and upholstered furniture, saying import taxes on those products would go into effect on Oct. 1.

The tariffs range from 25 percent to 100 percent, with the highest levies applying to “any branded or patented” pharmaceutical product coming into the United States. That decision poses considerable political risk, given that Americans could face higher prices for drugs, as countries pull back from exporting them into the United States.

Higher costs from the new tariffs will be felt across sectors of the economy, from housing and health care to logistics. The president also said the United States would begin imposing a 50 percent tariff on imported kitchen cabinets, bathroom vanities and associated products, along with a 30 percent tariff on imported furniture and a 25 percent tariff on foreign trucks.

The tariffs will be issued under a national security related law, known as Section 232, that Mr. Trump has used to issue tariffs on steel, aluminum, cars and copper. On Wednesday, the Trump administration announced that it was beginning new investigations under the law into imports of robotics, industrial machinery and medical devices, which could result in tariffs.

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