Trump announces aggressive tariff package of 25% to 100% on imports starting October 1.
🔹 Medications: 100% tariff, except for companies that are already building factories in the USA.
🔹 Heavy trucks: 25%
🔹 Kitchen/bath furniture: 50%
🔹 Upholstered furniture: 30%
📊 The measure reinforces the protectionist agenda and may affect global supply chains, increase costs for consumers, and put pressure on inflation. Markets are reacting cautiously to the economic impact.
According to Trump, the measure aims to protect American industry, encourage domestic production, and reduce external dependence in sensitive sectors, such as pharmaceuticals.
Political and economic motivations
The tariff package aligns with Trump's rhetoric of strengthening the national economy, creating jobs, and attracting investments to the USA. In the specific case of medications, the government seeks to force multinationals to establish factories on American soil, reducing vulnerabilities in the healthcare sector.
At the same time, the measure is seen as a signal of tightening trade policies amid geopolitical disputes and the need to preserve local competitiveness.
Expected repercussions
1. Inflation and cost of living
With high tariffs, it is likely that the prices of imported products will increase, directly impacting consumers' wallets.
2. Supply chains
Global companies will need to rethink their logistics and production strategies, potentially redirecting investments to the USA or unaffected countries.
3. International markets
The decision may generate trade frictions with partners and provoke adjustments in stock markets and currencies, given the expectation of new protectionist developments.