President Donald Trump on Thursday night announced a slew of new tariffs to go into effect on Oct. 1. File Photo by Angelina Katsanis/UPI | License Photo
Sept. 26 (UPI) -- President Donald Trump has announced a slew of tariffs to go into effect at the start of next month impacting pharmaceuticals, kitchen cabinets, bathroom vanities, heavy trucks and other products.
Trump announced the tariffs separately on his Truth Social media platform Thursday night, all to go into effect Oct. 1, with the first being a 25% tariff on all so-called heavy trucks manufactured outside of the United States.
The second statement announced a 50% tariff on kitchen cabinets, bathroom vanities and "associated products," as well as a 30% tariff on upholstered furniture over "national security and other reasons" to protect U.S. manufacturing from "the large scale 'FLOODING' of these products into the United States by other Countries."
The third, and final, announcement for Thursday night from the American president was a 100% tariff on branded or patented pharmaceutical products, which would be waived if the company was "BUILDING their pharmaceutical Manufacturing Plant in America."
