Trump says U.S. to impose tariffs on imported drugs, large trucks

U.S. President Donald Trump announced new tariffs Thursday on imported drugs, heavy-duty trucks, kitchen cabinets, bathroom vanity units and upholstered furniture, citing national security, with all the measures going into effect on Oct. 1.Making the announcement on social media, Trump said a 100 percent tariff will be imposed on any branded or patented pharmaceutical product, unless a company is constructing a plant in the United States. He said the United States will impose a duty of 25 percent on large trucks, but details remain scarce.The United States imports large volumes of pharmaceu…READ FULL ARTICLE