Trump imposes heavy tariffs on drugs, trucks, and kitchen cabinets

Washington (Web Desk): U.S. President Donald Trump has announced plans to impose a 100 percent tariff on branded and patented medicines that are manufactured outside the United States, starting October 1. This move is expected to impact pharmaceutical companies from countries like India and South Korea, which supply a significant share of such medicines to the U.S. market.

Alongside medicines, the administration will also apply heavy tariffs on imported heavy trucks and domestic furniture. The White House has justified these tariffs as necessary measures to protect the country’s national security and promote domestic manufacturing.

President Trump stressed that these actions aim to strengthen America’s industrial base and reduce reliance on foreign-produced goods.

The announcement has raised concerns among international trade partners and industry stakeholders, who are assessing the potential effects on trade relations and supply chains.