Washington, Sept. 26 -- President Donald Trump said the United States will impose a 25 percent tariff on imports of heavy-duty trucks beginning October 1, the latest in a fast-expanding web of border taxes that now reaches into pharmaceuticals, furniture and building fixtures. In the same package, the White House set a 100 percent tariff on branded and patented drugs, a 50 percent tariff on kitchen cabinets and bathroom vanities, and a 30 percent tariff on upholstered furniture, all with the same effective date, a timeline confirmed by a detailed dispatch from Reuters.
Officials cast the move as a shield for domestic producers after what they describe as years of unfair competition. The White House argues that the combined measures will ...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.