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flag Starting Oct. 1, 2025, Trump imposes steep new tariffs on trucks, drugs, and furniture, citing national security, sparking inflation and supply chain concerns.

flag Starting Oct. 1, 2025, President Donald Trump will impose new tariffs: 100% on pharmaceuticals, 50% on cabinetry, 30% on upholstered furniture, and 25% on heavy trucks. flag Announced on Truth Social as national security measures to boost U.S. manufacturing, the move lacks a clear legal basis but follows Section 232 investigations. flag Economists warn of higher consumer prices, healthcare strain, and supply disruptions, while critics cite risks to medicine costs and housing affordability. flag The Fed remains cautious on rate cuts amid trade uncertainty.

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