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Trump slaps new US tariffs on drugs, trucks, furniture
The Philippine Star
|September 27, 2025
US President Donald Trump on Thursday unveiled a fresh round of punishing tariffs on a broad range of imported goods, including 100 percent duties on branded drugs and 25 percent levies on heavy-duty trucks, set to come into force next week.
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The latest salvo, which Trump said was to protect the US manufacturing industry and national security, follows sweeping duties on trading partners of up to 50 percent and other targeted levies on imported products such as steel.
The barrage has cast a pall over global growth and paralyzed business decision-making around the world, while the Federal Reserve has said it is also contributing to higher consumer prices in America.
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