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ARTICLE · 29 SEPTEMBER 2025

Trump Tariff Tracker -- September 25

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This evening, President Trump announced on Truth Social a series of new tariffs that will be imposed on pharmaceuticals, heavy trucks, and furniture and cabinets.

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This evening, President Trump announced on Truth Social a series of new tariffs that will be imposed on pharmaceuticals, heavy trucks, and furniture and cabinets.

For pharmaceuticals, President Trump said in a Truth Social posting that the U.S. will be imposing a 100% tariff on imported brand-name or patented pharmaceutical products starting October 1, unless a manufacturer of the subject pharmaceuticals commits to building or expanding manufacturing plants in the U.S. According to the President's post, "[t]here will, therefore, be no Tariff on these Pharmaceutical Products if construction has started." This new tariff announcement did not mention imposing tariffs on imported generic pharmaceuticals. Additionally, there was no reference to releasing a final report in the Section 232 investigation targeting pharmaceuticals.

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