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News & Articles By Patrick Lewis
09/29/2025
/
By Patrick Lewis
Trump unveils sweeping tariff package, slams pharmaceutical imports
Trump’s new tariff package, effective Oct. 01, imposes a 25 percent duty on heavy trucks, 30 percent on upholstered furniture, 50 percent on kitchen cabinets and bathroom vanities and a full 100 percent tariff on branded or patented pharmaceutical imports (unless a U.S. plant is underway). Pharmaceutical companies can avoid the 100 percent tariff if […]
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