this post was submitted on 26 Sep 2025
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Economics

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Trump announced Thursday that the U.S. would impose a new round of tariffs, including a 100% tariff on pharmaceutical drugs, a 30% tariff on upholstered furniture, a 50% tariff on kitchen cabinets and bathroom vanities, and a 30% tariff on heavy trucks.

In social media posts to Truth Social, Mr. Trump said the new tariffs would take effect Oct. 1.

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[–] finitebanjo@piefed.world 26 points 1 month ago

TBH the cost of importing a truck with 30% added on top is still cheaper than having it made in the USA with 50% tariff on Aluminum and Steel.

[–] count_dongulus@lemmy.world 12 points 1 month ago

You can tell they're bullshit made up political numbers. If there was a 68%, a 31%, you could convince me an expert may have at some point been involved. But exactly 100%? Someone pulled these totally out of their ass.

[–] Archangel1313@lemmy.ca 9 points 1 month ago

But, none of this is going to lead to higher prices. Apparently. /s

[–] cyrano@lemmy.dbzer0.com 8 points 1 month ago

I’m a foreign drug company, I want to avoid tariffs, I walk into Trumps’s office with a graphic showing a $ 50 billion investment, I buy $1 million in Trump meme coins from Eric. No Tariffs and the only cost is the bribe and the $50 to print the poster at Kinkos.

The point is, easy to delay planning for a factory 3 years. Which most of these folks are doing.

[–] henfredemars 6 points 1 month ago (1 children)
[–] justlemmyin@lemmy.world 8 points 1 month ago

Gone by Monday lunchtime. Once the shares have been bought and sold.

[–] 0_o7@lemmy.dbzer0.com 3 points 1 month ago

It's time to feed their base some MAGA slop to make them feel like they're winning.

[–] RedGreenBlue@lemmy.zip 2 points 1 month ago

Americas investment safe, stable market, run by their stable genious. Smert!