More tariffs by Trump: Branded pharma hit with 100% duty, and the list doesn’t end there

Donald Trump plans new import taxes from October 1. Taxes include 100% on medicines, 50% on kitchen items, 30% on furniture, and 25% on heavy trucks. Trump believes tariffs boost domestic manufacturing and cut the budget deficit. Experts warn of rising inflation and slower economic growth. The move impacts healthcare costs and home building.

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *