U.S. President Donald Trump on Thursday announced sweeping new tariffs targeting a wide range of imports, including pharmaceuticals, heavy-duty trucks, home renovation fixtures, and furniture.The move marks a dramatic escalation in Trump’s long-running global trade war, with the White House arguing that the measures are necessary to protect American industries and reduce dependence on foreign manufacturing.Under the new policy, pharmaceutical products will face increased duties for the first time, a step critics warn could drive up healthcare costs for millions of Americans.
Tariffs on big-rig trucks and industrial vehicles are expected to ripple through supply chains, potentially affecting logistics and construction sectors.Home goods—including furniture, fixtures, and renovation materials—were also included in the list, with U.S. officials saying the action is aimed at shielding domestic manufacturers from what they describe as unfair competition abroad.“This is about putting America first and ensuring that we are not taken advantage of by countries that manipulate trade at our expense,” Trump declared at a press briefing in Washington, adding that more categories could be considered if other nations fail to “play fair.
”The announcement sparked immediate backlash from trade partners and business groups, who cautioned that the tariffs could trigger retaliatory measures, increase consumer prices, and disrupt global supply chains. Economists warned the move risks reigniting tensions that had eased in recent years following a series of trade negotiations.Despite the criticism, Trump defended the strategy as part of his broader plan to restore American economic dominance. “For too long, our workers have paid the price. That ends today,” he said.