Trump Imposes 25100% Tariffs On Trucks, Furniture And Drugs

(MENAFN- The Rio Times) President Donald Trump will levy tariffs on heavy trucks (25%), kitchen cabinets (50%), upholstered furniture (30%) and patented drugs (100%) starting October 1, 2025.

He argues these duties protect U.S. makers from unfair foreign competition and strengthen national security. In 2024, the U.S. imported $314.5 million in medium and heavy trucks from Europe and $3.7 billion in kitchen cabinets, more than doubling over ten years.

Patented drug imports topped $233 billion, making pharmaceuticals one of America's largest import categories. Now, only companies that begin building U.S. factories can avoid the full drug tariff.

Tariffs aim to spur domestic plant investments, but they raise prices for businesses and consumers. The Federal Reserve links recent price hikes to trade taxes, noting core goods inflation rose 2.6 percent in the past year.

Trucking firms will face higher rig costs, while homebuilders absorb steeper cabinet and vanity prices. Pharmacies risk doubled drug expenses until new labs open.



Factories have shed 42,000 jobs since April 2025, and construction firms cut 8,000 roles despite earlier tariffs. Employers warn fresh duties could stall hiring and deepen uncertainty.

Meanwhile, trading partners may retaliate, levying fees on U.S. exports and fragmenting supply chains. On the cusp of the 2026 midterms, Americans will weigh rising living costs against hopes for revived manufacturing.

Supporters believe stronger factories will secure long-term gains. Critics warn short-term pain may outweigh benefits. As costs climb at fueling stations, kitchen remodels and pharmacies, all eyes will watch if mercantile measures justify their price.

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