Trump Announces New Import Taxes Targeting Drugs, Home Furnishings, and Heavy Trucks: What It Means for You
Shipping containers stacked at a freight terminal in Frankfurt, Germany, on September 9, 2025. Michael Probst/AP WASHINGTON – On Thursday, President Donald Trump announced plans...
Shipping containers stacked at a freight terminal in Frankfurt, Germany, on September 9, 2025. Michael Probst/AP WASHINGTON – On Thursday, President Donald Trump announced plans to impose steep import tariffs starting October 1, including a 100% tax on pharmaceutical drugs, 50% on kitchen cabinets and bathroom vanities, 30% on upholstered furniture, and 25% on heavy-duty...