Trump announces ‘national security’ tariffs on drugs, trucks, furniture | International Trade News

The announced 100% tariff on pharmaceuticals, 25% on trucks, and 30% on furniture, due to come into effect on October 1, reopen the US president’s trade war.

United States President Donald Trump has announced steep new tariffs on pharmaceutical products, big-rig trucks, and home renovation fixtures and furniture.

The announcement late on Thursday signalled the harshest trade plans from Trump since last April’s…