Overview

• President Donald Trump announced tariffs via Truth Social covering branded or patented pharmaceuticals at 100%, heavy trucks at 25%, kitchen and bathroom cabinets at 50% and upholstered furniture at 30%, effective Oct. 1.
• Branded drug imports would be exempt if the manufacturer is building a U.S. plant, which Trump defined as having initiated works or being under construction.
• Trump said the truck measure protects U.S. makers such as Peterbilt, Kenworth, Freightliner and Mack Trucks, and he cited an import influx and national security to justify the broader package.
• Poder360 reported no formal decree has been published yet, and key implementation details — notably how the pharmaceutical exemption will be verified — remain unclear.
• Industry and government reactions were swift, with EFPIA and Australia’s health minister warning of higher costs and supply disruption and the U.K. engaging Washington, while the legal basis under Section 232 is already before the U.S. Supreme Court.