New Delhi: US President Donald Trump has once again dropped a tariff bomb. This time, many countries around the world, including India, have been hit by the Trump bomb. Donald Trump has announced a 100% tariff on pharmaceutical imports. This means that medicines will now be subject to a 100% tariff. This is being considered a major blow to countries that export medicines to the US.
India also exports a significant amount of pharmaceutical goods. Donald Trump surprised everyone by sharing this information on social media. The increased tariffs could be implemented soon. Trump announced in a post on Friday that he is increasing pharmaceutical tariffs. He made this announcement through the social media app Truth Post.
Donald Trump gave the information.
US President Donald Trump has announced a 100% tariff on medicines. He stated, “We will impose a 100 per cent tariff on any branded or patented pharmaceutical products from October 1, 2025, until the company establishes a manufacturing plant in the United States.” He further stated that if a company has already begun work on the plant, that company will not be subject to tariffs.
Thank you for your attention to this issue. Donald Trump’s announcement could impact pharmaceutical exports. Companies from other countries may turn away, leading to a decline in business.
50 percent tariff on these products
Donald Trump provided shocking information through another post. He stated that he will impose a 50 percent tariff on kitchen cabinets, bathroom vanities, and related products from October 1, 2025. He added that a 30 percent tariff will also be imposed on furniture.
The main reason for this is that other countries export such products to the United States in large quantities. This isn’t fair, but we have to do it for national security.
He further stated that to protect our heavy truck manufacturers from unfair competition from foreign countries, I will impose a 25 percent tariff on all heavy trucks manufactured in other parts of the world starting October 1, 2025. This will protect our major truck manufacturing companies, such as Peterbilt, Kenworth, Freightliner, and others, from external interference.