President Donald Trump has announced new tariffs on various products, including prescription drugs and home furnishings, set to take effect Wednesday.

President Donald Trump has announced new tariffs on various products, including prescription drugs and home furnishings, set to take effect Wednesday. WASHINGTON —

President Donald Trump announced new tariffs on a wide range of products, including prescription drugs and home furnishings, which are set to take effect on Wednesday as inflation rises.

Pharmaceutical products will face a 100% import tax unless the company has begun a project to manufacture its products in the United States. Trump previously said he plans to eventually increase this rate to 250%.

Other tariffs taking effect Wednesday include a 50% tax on kitchen and ba

See Full Page