Donald Trump announces new tariffs on drugs, trucks and kitchen cabinets | BBC News
Description
US President Donald Trump has announced a new wave of tariffs, including a 100% levy on branded or patented drug imports from 1 October - unless a company is building a factory in the US. Washington will also impose a 25% import tax on all heavy-duty trucks and 50% levies on kitchen and bathroom cabinets, Trump said. "The reason for this is the large scale 'FLOODING' of these products into the United States by other outside Countries," Trump wrote on his Truth Social platform on Thursday. The new tariffs could impact major producers of branded pharmaceuticals - including the UK, Ireland, Germany, Switzerland and Japan, and it comes despite calls from US businesses for the White House to not impose further tariffs. Subscribe here: http://bit.ly/1rbfUog For more news, analysis and features visit: www.bbc.com/news #DonaldTrump #Tariffs #BBCNews
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