AssetID: 55126149
Headline: UNCAPTIONED: Trump Slaps 100% Tariff on Drug Imports, Expands Trade Crackdown
Caption: Trump Slaps 100% Tariff on Drug Imports, Expands Trade Crackdown. President Donald Trump has announced a sweeping new round of tariffs, including a 100% levy on branded drug imports unless companies build manufacturing plants in the US. He also unveiled a 25% tariff on heavy-duty trucks, plus 50% duties on kitchen and bathroom cabinets. Starting next week, upholstered furniture will face a 30% tariff. Trump says the move is meant to protect American firms like Peterbilt and Mack Trucks from what he calls "flooding" by foreign competitors. The decision comes despite warnings from the US Chamber of Commerce that many truck parts come from allies like Mexico, Canada, Germany, and Japan making it impractical to source everything at home. Trade experts say the tariffs may boost domestic producers but will likely raise prices for consumers. Critics warn they could also strain relations with key partners. The new duties mark the latest expansion of Trump's "America First" trade agenda. Instructions: THIS VIDEO MUST NOT BE EDITED FOR LENGTH TO COMBINE WITH OTHER CONTENT
Keywords: Current affairs & Politics,Trump,Tariffs,100% drug imports,Heavy-duty trucks,Kitchen cabinets,Upholstered furniture,America First,Trade crackdown,U.S. Chamber of Commerce,Domestic manufacturing,Mexico,Canada,Germany,Japan,Consumer prices,Protectionism
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