Trump slaps steep new tariffs: 100% on branded pharmaceutical drugs, 50% on cabinets, 30% on furniture, 25% on trucks from Oct 1

Donald Trump plans new import taxes from October 1. Taxes include 100% on medicines, 50% on kitchen items, 30% on furniture, and 25% on heavy trucks. Trump believes tariffs boost domestic manufacturing and cut the budget deficit. Experts warn of rising inflation and slower economic growth. The move impacts healthcare costs and home building.