In a slew of posts on his social media platform Truth Social, Trump announced he will impose a 100% tariff on all branded or patented pharmaceutical products, a 50% Tariff on all Kitchen Cabinets, Bathroom Vanities, and associated products, a 30% Tariff on Upholstered Furniture, and a 25% tariff on all heavy trucks. All of these levies will come into effect on October 1.

Trump said the new tariffs on kitchen and bathroom cabinets, along with certain furniture, resulted from other countries’ large scale of “flooding” into the United States, which he described as “very unfair” practice. The tariffs aim to protect the U.S. manufacturing for national security, among other reasons. 

The heavy truck levies are also part of efforts to save domestic manufacturers. They will protect U.S. companies, such as Peterbilt, Kenworth, Freightliner, Mack Trucks, from “the onslaught of outside interruptions”, Trump said, citing reasons, including “above all else”, national security.

As to the drug tariffs, Trump said companies “building” their pharmaceutical manufacturing plants in America would be exempted from such levies. He clarified that the “building” means the plant is “breaking ground” and/or “under construction”.  “There will, therefore, be no Tariff on these Pharmaceutical Products if construction has started,” the president wrote in his post.

The Trump administration has already used this tool to raise levies on aluminum, cars, car parts, and steel, and has launched 232 investigations into seven other types of products such as pharmaceuticals, lumber, semiconductors. 

The new drug tariffs could impact major producers of branded pharmaceuticals - including the UK, Ireland, Germany, Switzerland and Japan. In 2024, U.S. imports of pharmaceuticals nearly tripled to around $213 billion from a decade earlier, according to data from the United Nations Comtrade Database.