Trump slaps new US tariffs on drugs, trucks and furniture

WASHINGTON, Sept 26,2025: U.S. President Donald Trump on Thursday unveiled sweeping new import tariffs, including 100% duties on branded drugs and 25% levies on heavy-duty trucks, set to come into force next week.
The latest salvo, which Trump said was to protect the U.S. manufacturing industry and national security, follows wide-ranging duties on trading partners of up to 50% and other targeted levies on imported products such as steel.
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.
A non-binding preliminary trade deal between the EU and the U.S. agreed to limit tariffs to 15%. Trump hasn’t yet signed an executive order confirming the agreement.
The European Commission said on Friday the agreement was “clear” that there was an all-inclusive 15% tariff ceiling, which represented “an insurance policy that no higher tariffs will emerge” for European companies.