The new 100% tariff on any branded or patented pharmaceutical product will apply to all imports unless the company has already broken ground on building a manufacturing plant in the United States, Trump said. Trump previously imposed national security tariffs on steel and aluminum and derivatives, light-duty autos and parts, and copper. Trump in August had promised to impose new furniture tariffs, saying it "will bring the Furniture Business back to North Carolina, South Carolina (and) Michigan. The country is also the leading global exporter of tractor trucks, 95% of which are destined for the United States. Last year, the United States imported almost $128 billion in heavy vehicle parts from Mexico, accounting for approximately 28% of total US imports, Mexico said.

Source: bd News24 September 26, 2025 15:30 UTC