Trump announces new tariffs on drugs, trucks and kitchen cabinets
SEPT 26 - President Donald Trump announced a new wave of tariffs on Thursday, including a 100% levy on branded or patented drug imports from 1 Kenya breaking news | Kenya news today |..
✨ Key Highlights
President Donald Trump announced a new wave of tariffs targeting drugs, trucks, and kitchen cabinets, citing the need to protect US manufacturers from foreign "FLOODING" of these products.
- A 100% levy will be imposed on branded or patented drug imports from October 1, unless companies build factories in the US.
- The new tariffs also include a 25% import tax on all heavy-duty trucks and 50% levies on kitchen and bathroom cabinets.
- The US Chamber of Commerce previously urged against new tariffs, highlighting concerns over supply chains and rising costs.
Continue Reading
Read the complete article from Capital Business
Part of the Day's Coverage
Trump Announces New Tariffs; KEPSA Urges US to Renew AGOA - September 2025
President Donald Trump announced a new wave of tariffs targeting drugs, trucks, and kitchen cabinets, citing the need to protect US manufacturers from what he termed foreign "FLOODING" of these products. In a related development, Bosch announced it will cut 13,000 jobs as part of a strategy to save €2.5 billion, citing higher operational costs attributed to former US president Donald Trump's tariffs. Meanwhile, the Kenya Private Sector Alliance (KEPSA) is urging the United States to renew the African Growth and Opportunity Act (AGOA) for 16 years. KEPSA warns that a failure to renew the act could jeopardize jobs and investment. The alliance has proposed a two-year transition period for Kenya to negotiate a bilateral trade agreement if the renewal is not secured.
