Trump announces new tariffs on foreign trucks, furniture, pharmaceuticals

President Donald Trump on Thursday night announced a new batch of tariffs including ones on foreign-made trucks, cabinets, furniture and pharmacuetical products. 

The highest tariffs were imposed on pharmacuetical products, which Trump said would be "100%" unless the company is building its plant in the United States. 

"'IS BUILDING' will be defined as, 'breaking ground' and/or 'under construction,'" Trump posted on Truth Social. "There will, therefore, be no Tariff on these Pharmaceutical Products if construction has started."

Trump said there will be a 50% tariff on kitchen cabinets, bathroom vanities, and associated products starting Oct. 1, and a 30% tariff on furniture. 

"The reason for this is the large scale 'FLOODING' of these products into the United States by other outside Countries," Trump wrote in a separate Truth Social post. "It is a very unfair practice, but we must protect, for national security and other reasons, our manufacturing process."

The lightest tariffs will be on heavy foreign-made trucks, which will see a 25% tariff starting on Oct. 1. 

"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 in a social media post. "We need our Truckers to be financially healthy and strong, for many reasons, but above all else, for National Security purposes."

The tariffs come on top of Trump's "Liberation Day" tariffs that were imposed on nearly every nation in the world in April. The tariffs were part of a bid to address trade deficits and conditions that he perceived to be unfair to the U.S.

Misty Severi is a news reporter for Just The News. You can follow her on X for more coverage.