Starting Oct 1st, the U.S. will slap:
â 100% tariffs on branded pharma imports (unless firms build in the U.S.)
â 50% on kitchen cabinets/vanities
â 30% on upholstered furniture
â 25% on heavy-duty trucks
đ Market Impact:
Asian pharma stocks already sliding
Furniture & goods makers with U.S. factories gaining đč
Inflation worries back on the table â Fed rate path under pressure â ïž
This move is being framed as âprotecting U.S. manufacturing,â but markets see turbulence ahead. đȘïž
đ Are these tariffs a protection boost or an inflation trigger?