Tariffs have been a feature of Trump's second term, with duties on trading partners ranging from 10% to 50% and on a wide variety of products.

Trump announces new tariffs citing national security concerns, facing opposition from US Chamber of Commerce, Mexico, and Japan.

The US president said the move aims to help protect American manufacturers from foreign imports.

The decision came as Trump took aim at a swath of imported goods with fresh tariffs, as part of the broader campaign to encourage domestic manufacturing.

The president has dismissed fears that importers would simply pass along much of the cost of the taxes to consumers and businesses in the form of higher prices.

Tariffs have been a feature of Trump's second term, with duties on trading partners ranging from 10% to 50% and on a wide variety of products.

President announces 100% tariffs on imported branded drugs, 25% on heavy-duty trucks and 50% on cabinets

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…

The 100% tariff on pharmaceuticals, 25% on trucks, and 30% on furniture will come into effect on October 1.

The good news: There are several loopholes in Trump’s proposal that mean the impact of the new taxes may be limited.

The US largely imports pharmaceutical products from India and Europe.

President Donald Trump announced 100% tariffs on brand drugs. Companies that build a U.S. manufacturing plant will be exempt.

President Donald Trump announced new tariffs on cabinets, saying he wants to bring furniture businesses back to the Carolinas and Michigan.