Trump tariffs drugs, furniture, heavy trucks to 'protect' U.S. markets

Trump tariffs drugs, furniture, heavy trucks to ‘protect’ U.S. markets

Spread the love

President Donald Trump announced a fresh wave of tariffs Thursday on imported pharmaceutical drugs, some building supplies and heavy trucks that he said is to protect American markets.

Trump wants to use tariffs to push drug makers to boost U.S. production and strengthen U.S. supply chains. Trump has also said tariffs could help lower drug costs.

Trump made the announcements late Thursday in a series of Truth Social posts.

The president said a 100% tariff on imported patented drugs will start Oct. 1, with exceptions for companies building manufacturing plants in the U.S.

“There will, therefore, be no Tariff on these Pharmaceutical Products if construction has started,” he wrote.

Trump didn’t mention generic drugs, which account for about 90% prescriptions in the U.S.

Alex Schriver, senior vice president of the Pharmaceutical Research and Manufacturers of America, said money spent on tariffs can’t be spent on cures.

“Most innovative medicines prescribed in America are already made in America. PhRMA companies continue to announce hundreds of billions in new U.S. investments thanks to President Trump’s pro-growth tax and regulatory policies,” he said in a statement. “Tariffs risk those plans because every dollar spent on tariffs is a dollar that cannot be invested in American manufacturing or the development of future treatments and cures.”

Schriver said it could raise costs for consumers.

“Medicines have historically been exempt from tariffs because they raise costs and could lead to shortages,” he said.

Trump also hit imported kitchen cabinets, bathroom vanities and “associated products” with a 50% tariff. Imported upholstered furniture is set for a 30% levy. That is also set to start Oct. 1.

“The reason for this is the large scale ‘FLOODING’ of these products into the United States by other outside Countries,” Trump wrote. “It is a very unfair practice, but we must protect, for National Security and other reasons, our Manufacturing process.”

He also set a 25% import charge on heavy trucks to protect U.S. companies.

“Our Great Large Truck Company Manufacturers, such as Peterbilt, Kenworth, Freightliner, Mack Trucks, and others, will be protected from the onslaught of outside interruptions,” Trump wrote. “We need our Truckers to be financially healthy and strong, for many reasons, but above all else, for National Security purposes!”

Trump has made tariffs the centerpiece of his economic agenda at home and abroad. Trump used a 1977 law that doesn’t mention tariffs to reorder global trade in a matter of months through tariffs to try to give U.S. businesses an advantage in the world market. Using tariffs under the International Emergency Economic Powers Act, Trump put import duties of at least 10% on every nation that does business with the U.S.

A case challenging Trump’s tariff authority is pending before the U.S. Supreme Court.

Trump didn’t immediately cite authority for the latest round of tariffs, which may use other federal statutes that haven’t yet been challenged.

Trump has said he wants to use tariffs to restore manufacturing jobs lost to lower-wage countries in decades past, shift the tax burden away from U.S. families, and pay down the national debt.

A tariff is a tax on imported goods that the importer pays, not the producer. The importer pays the cost of the duties directly to U.S. Customs and Border Protection, a federal agency.

Leave a Comment





Latest News Stories

Illinois quick hits: National Guard restraining order extended; economic growth above trend

Illinois quick hits: National Guard restraining order extended; economic growth above trend

By Jim Talamonti | The Center SquareThe Center Square National Guard restraining order extended Following an agreement between the state of Illinois and the federal government, U.S. District Court Judge...

WATCH: Pritzker opposes redistricting Illinois mid-cycle as other states move forward

By Greg Bishop | The Center SquareThe Center Square (The Center Square) – The prospect of Illinois legislators changing the state’s congressional maps before the 2026 election seems unlikely with...
Op-Ed: Illinois becoming the lawsuit capital of America, and Springfield to blame

Op-Ed: Illinois becoming the lawsuit capital of America, and Springfield to blame

By Michelle SmithThe Center Square As someone who has spent decades building and rebuilding businesses in Illinois, I’ve grown accustomed to challenges that come with the territory: tight deadlines, rising...
Illinois treasurer promises to pass nonprofit legislation vetoed by Pritzker

Illinois treasurer promises to pass nonprofit legislation vetoed by Pritzker

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Illinois State Treasurer Michael Frerichs says he will keep pushing nonprofit investment legislation that was vetoed by...
Screenshot 2025-10-17 at 3.15.09 PM

Regional Office of Education Highlights School Safety, New Learning Programs in Update

Will County Board Regular Meeting | October 16, 2025 Article Summary: Will County Regional Superintendent Dr. Lisa Caparelli-Ruff updated the County Board on key initiatives, including the installation of shooter-resistant window...
frankfort-park-district

Fort Frankfort Playground Grand Opening Delayed Until Spring 2026

Frankfort Park District Meeting | September, 2025 Article Summary: The grand opening of the new Fort Frankfort playground, a highly anticipated community project, has been pushed back to spring 2026 due...
Screenshot 2025-10-17 at 11.24.23 AM

Lincoln-Way to Purchase New Buses, Add Smaller Vehicles to Address Driver Shortage

LW210 Board of Education Meeting | October 16, 2025 Article Summary: Lincoln-Way District 210 plans to update its transportation fleet by purchasing 28 new gasoline-powered school buses, three activity buses,...
Screenshot 2025-10-17 at 3.14.41 PM

Will County Awards $10.4 Million Contract for Bell Road Widening Project

Will County Board Regular Meeting | October 16, 2025 Article Summary: The Will County Board has approved a $10.4 million contract with P.T. Ferro Construction Co. for a major roadway widening...
The Wild Flowe rFarm

Green Garden’s Wildflower Farm Granted Second Extension for Rural Events Permit

Will County Board Regular Meeting | October 16, 2025 Article Summary: Bengston Land Management, LLC, operators of The Wildflower Farm in Green Garden Township, received a second 180-day extension from the...
Screenshot 2025-10-17 at 2.01.38 PM

Summit Hill 161 Board Approves Longevity Pay Bumps for Non-Certified Staff

Summit Hill School District 161 | October 15, 2025 Article Summary: The Summit Hill District 161 Board of Education has approved a longevity-based pay increase for all non-certified staff, excluding...
Meeting-Briefs

Meeting Summary and Briefs: Village of Frankfort Board for October 6, 2025

The Frankfort Village Board's meeting on Monday, October 6, 2025, was marked by celebration and new business development. The board dedicated the opening of its meeting to formally honoring the...
mental health awareness day bipolar disorder anxiety stress emot

Will County Board Compromises on Mental Health Levy, Approves $10 Million After Debate

Will County Board Regular Meeting | October 16, 2025 Article Summary: The Will County Board on Thursday, October 16, 2025, approved a $10 million tax levy for the Community Mental Health...
Screenshot 2025-10-17 at 11.31.38 AM

Lincoln-Way Board Honors Students with Perfect ACT Scores, Music Educator of the Year

LW210 Board of Education Meeting | October 16, 2025 Article Summary: Lincoln-Way District 210 celebrated exceptional academic and faculty achievement by formally recognizing nine students who earned a perfect composite...
frankfort township graphic

Frankfort Township Board Denies Permit for New Bar on St. Francis Road

Frankfort Township Board | September 8, 2025 Article Summary: The Frankfort Township Board on Monday unanimously denied a special use permit required for a new bar to open at 7663...
Macbook

Summit Hill 161 Explores Switch to MacBooks for Teachers, Plans Pilot Program

Summit Hill School District 161 | October 15, 2025 Article Summary: Summit Hill School District 161 is considering a district-wide switch from Microsoft Surface laptops to MacBook Airs for its...