The Brief

WASHINGTON - President Donald Trump on Thursday said he would be implementing import taxes on several commodities, including pharmaceutical drugs, kitchen cabinets, vanities and more.

Trump has long maintained that tariffs are the key to forcing companies to invest more in domestic factories. He 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.

More tariffs

By the numbers:

Import taxes will be placed on the following items:

What's next:

The tariffs will begin on Oct. 1.

Why you should care:

These new taxes on imports could pass through to consumers in the form of higher prices and dampen hiring, a process that economic data suggests is already underway.

Dig deeper:

In 202

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