Trump tariffs drugs, furniture, heavy trucks to ‘protect’ U.S. markets

Spread the love

President Donald Trump announced a fresh wave of tariffs Thursday on imported pharmaceutical drugs, some building supplies and heavy trucks that he said is to protect American markets.

Trump wants to use tariffs to push drug makers to boost U.S. production and strengthen U.S. supply chains. Trump has also said tariffs could help lower drug costs.

Trump made the announcements late Thursday in a series of Truth Social posts.

The president said a 100% tariff on imported patented drugs will start Oct. 1, with exceptions for companies building manufacturing plants in the U.S.

“There will, therefore, be no Tariff on these Pharmaceutical Products if construction has started,” he wrote.

Trump didn’t mention generic drugs, which account for about 90% prescriptions in the U.S.

Alex Schriver, senior vice president of the Pharmaceutical Research and Manufacturers of America, said money spent on tariffs can’t be spent on cures.

“Most innovative medicines prescribed in America are already made in America. PhRMA companies continue to announce hundreds of billions in new U.S. investments thanks to President Trump’s pro-growth tax and regulatory policies,” he said in a statement. “Tariffs risk those plans because every dollar spent on tariffs is a dollar that cannot be invested in American manufacturing or the development of future treatments and cures.”

Schriver said it could raise costs for consumers.

“Medicines have historically been exempt from tariffs because they raise costs and could lead to shortages,” he said.

Trump also hit imported kitchen cabinets, bathroom vanities and “associated products” with a 50% tariff. Imported upholstered furniture is set for a 30% levy. That is also set to start Oct. 1.

“The reason for this is the large scale ‘FLOODING’ of these products into the United States by other outside Countries,” Trump wrote. “It is a very unfair practice, but we must protect, for National Security and other reasons, our Manufacturing process.”

He also set a 25% import charge on heavy trucks to protect U.S. companies.

“Our Great Large Truck Company Manufacturers, such as Peterbilt, Kenworth, Freightliner, Mack Trucks, and others, will be protected from the onslaught of outside interruptions,” Trump wrote. “We need our Truckers to be financially healthy and strong, for many reasons, but above all else, for National Security purposes!”

Trump has made tariffs the centerpiece of his economic agenda at home and abroad. Trump used a 1977 law that doesn’t mention tariffs to reorder global trade in a matter of months through tariffs to try to give U.S. businesses an advantage in the world market. Using tariffs under the International Emergency Economic Powers Act, Trump put import duties of at least 10% on every nation that does business with the U.S.

A case challenging Trump’s tariff authority is pending before the U.S. Supreme Court.

Trump didn’t immediately cite authority for the latest round of tariffs, which may use other federal statutes that haven’t yet been challenged.

Trump has said he wants to use tariffs to restore manufacturing jobs lost to lower-wage countries in decades past, shift the tax burden away from U.S. families, and pay down the national debt.

A tariff is a tax on imported goods that the importer pays, not the producer. The importer pays the cost of the duties directly to U.S. Customs and Border Protection, a federal agency.

Leave a Comment





Latest News Stories

Supreme Court allows Trump to block DEI funding

Supreme Court allows Trump to block DEI funding

By Andrew RiceThe Center Square The U.S. Supreme Court, in a 5-4 decision on Thursday, allowed President Donald Trump to cut hundreds of millions of dollars in federal research grants....
Trump to probe Smithsonian museums for 'woke' ideology

Trump to probe Smithsonian museums for ‘woke’ ideology

By Andrew RiceThe Center Square President Donald Trump has promised to crack down on “woke” ideas promoted in museums across the United States, including the federally funded Smithsonian museums in...
Director: Nation’s largest outdoor ag show brings economic impact to central IL

Director: Nation’s largest outdoor ag show brings economic impact to central IL

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – The nation’s largest outdoor agricultural show is set for next week in Central Illinois. The Farm Progress...
Personnel cuts to national intelligence office will save taxpayers $700 million

Personnel cuts to national intelligence office will save taxpayers $700 million

By Thérèse BoudreauxThe Center Square The Office of the Director of National Intelligence is set to undergo a massive overhaul and cut 40% of its workforce, continuing the Trump administration’s...
Redistricting would split cities, counties throughout CA

Redistricting would split cities, counties throughout CA

By Dave MasonThe Center Square Lodi, a Northern California city of 66,000 people, will be divided among three congressional districts if a Democratic Party-backed redistricting map goes into effect. And...
Pritzker: Fair maps in Illinois would be 'disarming' to Democrats

Pritzker: Fair maps in Illinois would be ‘disarming’ to Democrats

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Illinois Gov. J.B. Pritzker says Democrats would be “disarming” if they agreed to fair maps state by...
NY appeals court overturns Trump's civil fraud penalty

NY appeals court overturns Trump’s civil fraud penalty

By Chris WadeThe Center Square A New York appeals court has tossed out a $454 million civil fraud verdict against Donald Trump and his family business over charges he broke...
Casey Police Graphic Logo

Casey Police Department to Add New Officer

Article Summary: The Casey Police Department will soon have a new officer on its roster after the City Council unanimously approved the hiring of Tommy Starks. The approval follows a...
States sue over Victims of Crime Act grant funding

States sue over Victims of Crime Act grant funding

By Elyse ApelThe Center Square Colorado Attorney General Phil Weiser has joined a 20-state coalition and Washington, D.C., suing the Trump administration over restrictions it has put on Victims of...
White House backs off hefty EU tariff threats, EU eliminates industrial tariffs

White House backs off hefty EU tariff threats, EU eliminates industrial tariffs

By Caroline BodaThe Center Square After striking a framework trade deal with the European Union in July, the White House added more details to what the agreement entails Thursday. Most...
Home sales up 2% in July as prices stayed nearly flat

Home sales up 2% in July as prices stayed nearly flat

By Brett RowlandThe Center Square Home sales increased 2% last month after a lackluster spring selling season as prices cooled. Existing-home sales increased by 2% in July, according to a...
Parents who lost daughters at Camp Mystic: Their deaths were '100% preventable'

Parents who lost daughters at Camp Mystic: Their deaths were ‘100% preventable’

By Bethany BlankleyThe Center Square Parents who lost their daughters from flood waters at Camp Mystic said their deaths were “100% preventable” and asked the legislature to implement mandatory safety...
Illinois quick hits: COVID fraud indictments issued; man sentenced for mailing fentanyl

Illinois quick hits: COVID fraud indictments issued; man sentenced for mailing fentanyl

By Jim Talamonti | The Center SquareThe Center Square COVID fraud indictments issued A federal grand jury has indicted four Chicago-area individuals accused of fraudulently obtaining millions of dollars in...
Trump defunds California sex ed program over 'gender ideology'

Trump defunds California sex ed program over ‘gender ideology’

By Andrew RiceThe Center Square The Trump administration terminated a federal grant that provided funding for sex education classes in California. The federal government terminated the Personal Responsibility Education Program,...
WATCH: Illinois In Focus Daily | Thursday Aug. 21st, 2025

WATCH: Illinois In Focus Daily | Thursday Aug. 21st, 2025

By Greg Bishop | The Center SquareThe Center Square (The Center Square) – In today's edition of Illinois in Focus Daily, The Center Square Editor Greg Bishop shares comments from...