Trump finds new trade targets — pharmaceuticals, kitchen cabinets and heavy trucks
Tariffs aim to protect U.S. industries and boost domestic production while raising customs revenue, with the U.S. Treasury collecting $172 billion in duties so far in fiscal 2025.
4 Articles
4 Articles
Trump finds new trade targets — pharmaceuticals, kitchen cabinets and heavy trucks
Naturepedic, a mattress and furniture company based outside Cleveland, has been planning to introduce an upscale upholstered headboard late this year or early in 2026. But President Donald Trump has thrown those plans into disarray. On Thursday night, the president announced on social media that he was slapping a 30% tax on imported upholstered furniture. Naturepedic ships its headboards in from India and Vietnam. So what is the company to do? “…
The 25% heavy truck tariff imposed by President Donald Trump will begin to apply in the United States on October 1, 2025. The decision will directly affect Mexico, the main exporter of these vehicles to the U.S. market. The announcement generated concern in the automotive industry, as the data show a strong dependence on the U.S. market. Mexico leads exports of heavy vehicles to the U.S. Between January and July 2025, the U.S. imported trucks, b…
Trump finds new trade targets -- pharmaceuticals, kitchen cabinets and heavy trucks – The Land
Hino trucks sit on the lot at a truck dealership in Miami, Friday, Sept. 26, 2025. (AP Photo/Rebecca Blackwell) By PAUL WISEMAN and MAE ANDERSON AP Business Writers Naturepedic, a mattress and furniture company based outside Cleveland, has been planning to introduce an upscale upholstered headboard late this year or early in 2026. But President Donald Trump has thrown those plans into disarray. On Thursday night, the president announced on socia…
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