President Trump was up late last night posting about new tariffs. The latest targets, drugs, trucks, and kitchen cabinets. Trump said brand name or patented pharmaceutical products will be subject to 100% tariff starting October 1st unless the drug maker is building a manufacturing plant here in the US.Meanwhile, he announced a 50% tariff on kitchen cabinets, bathroom vanities, and related products, plus a 30% tariff on upholstered furniture, also starting next week. Now, on top of that, Trump is imposing a ...

RH (NYSE: RH) stock traded lower Friday as the home furnishings retailer faced fresh tariff headlines and updated its manufacturing and spending plans for the coming years.U.S. President Donald Trump unveiled new import levies, including a 100% duty on branded or patented drug imports beginning Oct. 1 unless companies build in the United States, plus a 25% tariff on heavy-duty trucks and a 50% tariff on kitchen and bathroom cabinets, reports BBC.He also said the U.S. will impose a 30% duty on upholstered fu ...

President Trump announced this new slate of tariffs late yesterday, focused on pharmaceuticals and trucks. He said the US is going to impose a 100% tariff on quote any branded or patented pharmaceutical product that's entering the country. That's beginning October 1st. But that will not apply to companies that are building drug manufacturing plants in the US. And it also won't apply to projects where construction has already begun. Separately, the president said he's going to impose a 25% tariff on imported ...

In an aerial view, trucks line up to enter a shipping berth at the Port of Oakland on Aug. 26, 2025 in Oakland, California.U.S. President Donald Trump said Thursday night stateside that he would impose a 25% tariff on imported heavy trucks from Oct. 1, part of his broader push to boost domestic manufacturing."All 'Heavy (big!) Trucks' made in other parts of the world" will face the higher tariffs, Trump said in a post on Truth Social, attributing the move to protecting U.S. manufacturers from "unfair outsid ...