#WION Trump Announces 100% Drug Tariffs & New Import Duties on Trucks & Furniture | Oct 1 Tariffs
Trump Announces 100% Drug Tariffs & New Import Duties on Trucks & Furniture | Oct 1 Tariffs
President Trump has unveiled sweeping new tariffs: 100% on branded drugs, 50% on kitchen cabinets, and up to 30% on furniture. The move, aimed at boosting U.S. manufacturing, threatens to disrupt global trade and could hit Indian pharmaceutical companies hard. With over $8.7B in Indian drug exports to the U.S., analysts warn of price spikes, inflation, and a brewing trade conflict. Is this the start of a new tariff war?
#trumptariff #trump #pharma #wion
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