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Friday, December 5, 2025

Trump’s New Pharma, Truck Tariffs: Terrible Or Toothless?

Trump’s New Pharma, Truck Tariffs: Terrible Or Toothless?

By Ken Roberts, Forbes 

Add heavy trucks and pharmaceuticals to the long list of imports President Trump has targeted for tariffs in his quixotic battle to rid the nation of its $1 trillion annual trade deficit.

Trump announced on Thursday he was imposing 100% tariffs on branded or patented pharmaceutical products – essentially an embargo – and 25% tariffs on commercial trucks, effective Oct. 1.

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