Trump threatens 100% tariff on branded drugs unless companies establish plants in US

President Donald Trump said Thursday that a 100% tariff will be imposed on "any branded or patented Pharmaceutical Product" entering the US beginning Oct. 1.

The measure exempts companies that establish drug manufacturing plants in the US, Trump wrote in a post on his Truth Social platform. The exemption applies to projects that have already begun, including sites that have broken ground or are currently under construction, he stated.

"There will, therefore, be no Tariff on these Pharmaceutical Products if construction has started," Trump noted.

- 30% - 50% tariffs on certain furniture

In another post on Truth Social, the president said the US will also impose tariffs of 30% to 50% on certain types of furniture and cabinetry, citing national security concerns and "other reasons."

"We will be imposing a 50% Tariff on all Kitchen Cabinets, Bathroom Vanities, and associated products, starting October 1st, 2025.

"Additionally, we will be charging a 30% Tariff on Upholstered Furniture," Trump said.

The move is in response to the massive “FLOODING” of those products into the US from other countries, he added, stressing the need to protect US manufacturers from the "unfair practice."