Trump slaps new US tariffs on drugs, trucks and furnitureUS President Donald Trump on Thursday unveiled sweeping new import tariffs, including 100 percent duties on branded drugs and 25 percent levies on heavy-duty trucks, set to come into force next week. Trump's announcement on Truth Social did not say whether the new levies would be on top of existing national tariffs. Recent trade deals with Japan, the EU, and Britain include provisions that cap tariffs for specific products like pharmaceuticals. He previously imposed national security tariffs on steel and aluminum and derivatives, light-duty autos and parts, and copper. Trump said the new heavy-duty truck tariffs would benefit companies such as Paccar-owned Peterbilt and Kenworth and Freightliner.

Source: bd News24 September 26, 2025 12:06 UTC