President Donald Trump on Thursday announced a new round of punishing tariffs, saying the United States will impose a 100% tariff on imported branded drugs, 25% tariff on imports of all heavy-duty trucks and 50% tariffs on kitchen cabinets.

Trump also said he would start charging a 30% tariff on upholstered furniture next week.

  • sramder@lemmy.world
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    3 days ago

    Yeah, but if you sell all those businesses before they find out that they’re in trouble then it’s good for you? I don’t know much about business, but I’m fairly sure this is the way it works.