Donald Trump Announces Series of Tariffs
Donald Trump has announced a new set of import tariffs scheduled to take effect on October 1, 2025. The key measures are listed below.
Key tariff measures
- 100% tariff on branded or patented pharmaceutical products. Companies currently building manufacturing facilities in the United States (defined as having broken ground or being under construction) would be exempt from this 100% tariff.
- 50% tariff on kitchen cabinets, bathroom vanities, and similar cabinetry products.
- 30% tariff on upholstered furniture.
- 25% tariff on heavy trucks — presented as a move to protect U.S. truck manufacturers such as Peterbilt, Kenworth, Freightliner, and Mack.
Purpose and claims
Trump says the tariffs are intended to spur domestic investment and shield American industries from foreign competition. He downplays concerns about consumer price increases and asserts inflation remains controlled.
Critics and context
Opponents argue past tariffs have not produced clear job gains. Recent industry reports cited that U.S. manufacturing and construction employment have seen cuts in the months prior to this announcement, raising questions about the tariffs’ likely effectiveness in creating jobs.