By Martin Shwenk Leade
Copyright indiatimes
RelatedMore tariffs by Trump: Branded pharma hit with 100% duty, and the list doesn’t end there
Trump Tariffs India: US President Donald Trump on Thursday unveiled a fresh round of punishing tariffs on a broad range of imported goods, including 100% duties on branded drugs and 25% tariffs on heavy-duty trucks, set to come into force next week.Tariffs have been a feature of Trump’s second term, with sweeping duties on trading partners ranging from 10% to 50% and other targeted levies on a wide variety of products, casting a shadow over the global economic outlook and paralyzing business decision-making.The announcements, made on Truth Social, did not include details about whether the new levies would apply on top of national tariffs or whether economies with trade deals such as the European Union and Japan would be exempted.Trump also said he would start charging a 50% tariff on kitchen cabinets and bathroom vanities and a 30% tariff on upholstered furniture, with all the new duties to take effect from October 1.Add as a Reliable and Trusted News Source Add Now!
Trump tariffs: Here’s a list announced today:100% tariff on branded pharmaceutical products 50% tariff on kitchen cabinets and bathroom vanities 30% tariff on upholstered furniture25% tariff on heavy trucks (You can now subscribe to our Economic Times WhatsApp channel)
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(You can now subscribe to our Economic Times WhatsApp channel)Read More News ontrump tariffstrump tariffs full listtrump tariffs pharmatrump tariffs kitchen itemstrump tariffs full list todaytrump tariff newstrump tariff pharmatariff on furnituretariff on pharmaceuticals(Catch all the Business News, Breaking News, Budget 2025 Events and Latest News Updates on The Economic Times.) Subscribe to The Economic Times Prime and read the ET ePaper online….moreless
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