Trump announces aggressive tariffs package starting October 1st:

🔹 Pharmaceuticals: 100% tariff, except for companies already building factories in the US.

🔹 Heavy trucks: 25%

🔹 Kitchen/Bath furniture: 50%

🔹 Upholstery: 30%

The move highlights Trump’s protectionist agenda, aiming to boost domestic production, reduce foreign dependence, and pressure global companies to invest in US manufacturing—especially in sensitive areas like healthcare.

Key Impacts Expected

1. Inflation & Costs – Higher import prices likely to hit consumers.

2. Supply Chains – Companies may shift operations to the US or unaffected markets.

3. Markets – Potential trade tensions and volatility in stocks and currencies.

Overall, the tariffs serve both economic and political goals, reinforcing Trump’s “America First” stance.

#SECxCFTCCryptoCollab #Trump