Trump introduces duties for medicines, vehicles and furniture to support domestic production and national security.
US President Donald Trump announced new duties for medicines, trucks and furniture on Thursday. They should enter into force in October, TASR reports according to AFP report.
From October 1, “we will store 100 % duty on all branded or patented pharmaceutical products as long as the company does not build its pharmaceutical production plant in America,” Trump said on the Truth Social platform.
New duties on vehicles
In a separate post, he wrote about a 25 % CLE on “all trucks made in other parts of the world” to support US truck manufacturers. He added that he is introducing these duties “for many reasons, but above all for reasons for national security”.
“From October 1, we will introduce 50 % duty on all kitchen cabinets, bathroom cabinets and related products … In addition, we will charge 30 % duty for upholstered furniture,” added the US President.
