Washington: President Donald Trump has announced a sweeping set of new tariffs that will come into effect on October 1, 2025, marking one of the most aggressive trade policy steps since his return to office. The measures include a 25 percent tariff on imported heavy trucks, a 30 percent tariff on upholstered furniture, a 50 percent tariff on kitchen cabinets and bathroom vanities, and a 100 percent tariff on imported branded and patented pharmaceuticals, unless exemptions are granted.
The announcement has stirred intense reactions from industry groups, international trade partners, and financial markets. Trump justified the tariffs as necessary to shield U.S. industries from what he described as an overwhelming influx of foreign imports, framing the policy as a matter of both economic p