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September 26, 2025

Announcement: New Tariffs on Pharmaceuticals, Furniture and Heavy Trucks

President Trump announced via social media new tariffs effective October 1, 2025, on pharmaceuticals, furniture, and heavy trucks.

  • Pharmaceuticals:
    • 100% tariff on branded and patented drugs imported into the U.S.
    • Exemption for companies currently building or constructing U.S. manufacturing plants.
  • Furniture:
    • 50% tariff on kitchen cabinets, bathroom vanities, and related products.
    • 30% tariff on upholstered furniture.
  • 25% tariff on imports of heavy trucks.

We will continue to monitor as we await implementation details and U.S. Customs guidance. For help calculating tariffs by product HTS code, assistance with internal reviews, or compliance program support, please reach out to M-PACT consulting.

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