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USA-New Tariffs/Trump
Beijing, China - Sept 26, 2025 (CCTV - No access Chinese mainland)
1. Various of screenshot of U.S. President Donald Trump's announcements on Truth Social platform
FILE: Washington D.C., USA - Oct 2024 (CCTV Video News Agency - No access Chinese mainland)
2. Various of White House, U.S. flag
FILE: Washington D.C., USA - Date Unknown (CCTV - No access Chinese mainland)
3. Various of Capitol building, U.S. flag
FILE: Philadelphia, USA - October 2024 (CCTV Video News Agency - No access Chinese mainland)
4. U.S. national flag
FILE: Qingyuan City, Guangdong Province, south China - March 2023 (CGTN - No access Chinese mainland)
5. Various of model kitchen with furniture; customer, seller talking
FILE: Miami, Florida, USA - May 2016 (CGTN - No access Chinese mainland)
6. Various of pharmacist putting medicine bottle into bag
7. Various of drugs
FILE: Detroit, USA - Exact Date Unknown (CGTN - No access Chinese mainland)
8. Various of truck production line at OnFreight Logistics company
9. Trucks crossing bridge
10. Truck moving
FILE: Los Angeles, USA - Exact Date Unknown (CGTN - No access Chinese mainland)
11. Various of vessels at port
12. Various of crane moving container at port
13. Various of containers, vessels at port
FILE: New York City, USA - Oct 2024 (CCTV Video News Agency - No access Chinese mainland)
14. Various of port scene, Statue of Liberty
FILE: Los Angeles, USA - Nov 9, 2017 (CCTV - No access Chinese mainland)
15. Various of containers being unloaded at port
U.S. President Donald Trump on Thursday announced a new wave of heavy tariffs on a broad range of imported products, imposing 100 percent duties on branded drugs and and 25 percent tariffs on heavy-duty trucks, among other import tariffs, starting on Oct. 1.
Trump announced in his posts on social media platform that the U.S. "will be imposing a 50 percent tariff on all kitchen cabinets, bathroom vanities, and associated products," and a 30 percent tariff on upholstered furniture. He said "the reason for this is the large scale flooding of these products into the United States by other outside countries."
A tariff rate as high as 100 percent will be imposed on "any branded or patented pharmaceutical product," unless a company is building pharmaceutical manufacturing factory in the U.S., according to Trump's announcement.
He also said that all "Heavy (Big!) Trucks" produced outside the U.S. will be imposed a 25 percent tariff, in order to protect local heavy truck manufacturers from "unfair outside competition."
Media reports indicated that the U.S. government's existing tariff policies have already pushed up furniture prices. According to data from the U.S. Bureau of Labor Statistics, the overall price of furniture rose by 4.7 percent year on year in August. Notably, the price increase for living room and dining room furniture was even more pronounced.
According to a report from a U.S. pharmaceutical industry trade organization, if the country imposes a 25 percent tariff on imported drugs, it will increase the annual cost of pharmaceuticals by nearly 51 billion U.S. dollars. If these costs are passed on to consumers, drug prices could rise by as much as 12.9 percent.
U.S. pharmaceutical companies argued that higher tariffs would increase the possibility of drug shortages and reduce the accessibility for patients. Industrial organizations urgently lobbied Trump to adopt a policy of gradually increasing tariffs on imported drugs to allow time for supply chain adjustments.
Meanwhile, the 50 percent tariff previously imposed by Trump on steel, aluminum and copper have already raised costs for U.S. truck manufacturers. Currently, most trucks imported into the U.S. are produced in Mexico and rely on the tariff-free benefits of the United States-Mexico-Canada Agreement to maintain relatively low costs.
However, this benefit requires that about two-thirds of the vehicle components come from North America. Therefore, this new wave of tariff increase will further add pressure to the industry's manufacturing and transportation costs.
According to a report by the Consumer News and Business Channel issued on Thursday, the U.S. government has already initiated a new round of investigation under the Section 232 of the Trade Expansion Act of 1962 into the imports of robots, industrial machinery and medical devices, to assess whether these imports pose a threat to the country's national security.
This investigation could serve as the basis for a new round of tariff increase, potentially increasing costs for consumers, hospitals, patients, and manufacturers, the report said.
USA-New Tariffs/Trump
Dateline : Sept 25/26, 2025/File
Location : United States
Duration : 1'58
Beijing, China - Sept 26, 2025 (CCTV - No access Chinese mainland)
1. Various of screenshot of U.S. President Donald Trump's announcements on Truth Social platform
FILE: Washington D.C., USA - Oct 2024 (CCTV Video News Agency - No access Chinese mainland)
2. Various of White House, U.S. flag
FILE: Washington D.C., USA - Date Unknown (CCTV - No access Chinese mainland)
3. Various of Capitol building, U.S. flag
FILE: Philadelphia, USA - October 2024 (CCTV Video News Agency - No access Chinese mainland)
4. U.S. national flag
FILE: Qingyuan City, Guangdong Province, south China - March 2023 (CGTN - No access Chinese mainland)
5. Various of model kitchen with furniture; customer, seller talking
FILE: Miami, Florida, USA - May 2016 (CGTN - No access Chinese mainland)
6. Various of pharmacist putting medicine bottle into bag
7. Various of drugs
FILE: Detroit, USA - Exact Date Unknown (CGTN - No access Chinese mainland)
8. Various of truck production line at OnFreight Logistics company
9. Trucks crossing bridge
10. Truck moving
FILE: Los Angeles, USA - Exact Date Unknown (CGTN - No access Chinese mainland)
11. Various of vessels at port
12. Various of crane moving container at port
13. Various of containers, vessels at port
FILE: New York City, USA - Oct 2024 (CCTV Video News Agency - No access Chinese mainland)
14. Various of port scene, Statue of Liberty
FILE: Los Angeles, USA - Nov 9, 2017 (CCTV - No access Chinese mainland)
15. Various of containers being unloaded at port
U.S. President Donald Trump on Thursday announced a new wave of heavy tariffs on a broad range of imported products, imposing 100 percent duties on branded drugs and and 25 percent tariffs on heavy-duty trucks, among other import tariffs, starting on Oct. 1.
Trump announced in his posts on social media platform that the U.S. "will be imposing a 50 percent tariff on all kitchen cabinets, bathroom vanities, and associated products," and a 30 percent tariff on upholstered furniture. He said "the reason for this is the large scale flooding of these products into the United States by other outside countries."
A tariff rate as high as 100 percent will be imposed on "any branded or patented pharmaceutical product," unless a company is building pharmaceutical manufacturing factory in the U.S., according to Trump's announcement.
He also said that all "Heavy (Big!) Trucks" produced outside the U.S. will be imposed a 25 percent tariff, in order to protect local heavy truck manufacturers from "unfair outside competition."
Media reports indicated that the U.S. government's existing tariff policies have already pushed up furniture prices. According to data from the U.S. Bureau of Labor Statistics, the overall price of furniture rose by 4.7 percent year on year in August. Notably, the price increase for living room and dining room furniture was even more pronounced.
According to a report from a U.S. pharmaceutical industry trade organization, if the country imposes a 25 percent tariff on imported drugs, it will increase the annual cost of pharmaceuticals by nearly 51 billion U.S. dollars. If these costs are passed on to consumers, drug prices could rise by as much as 12.9 percent.
U.S. pharmaceutical companies argued that higher tariffs would increase the possibility of drug shortages and reduce the accessibility for patients. Industrial organizations urgently lobbied Trump to adopt a policy of gradually increasing tariffs on imported drugs to allow time for supply chain adjustments.
Meanwhile, the 50 percent tariff previously imposed by Trump on steel, aluminum and copper have already raised costs for U.S. truck manufacturers. Currently, most trucks imported into the U.S. are produced in Mexico and rely on the tariff-free benefits of the United States-Mexico-Canada Agreement to maintain relatively low costs.
However, this benefit requires that about two-thirds of the vehicle components come from North America. Therefore, this new wave of tariff increase will further add pressure to the industry's manufacturing and transportation costs.
According to a report by the Consumer News and Business Channel issued on Thursday, the U.S. government has already initiated a new round of investigation under the Section 232 of the Trade Expansion Act of 1962 into the imports of robots, industrial machinery and medical devices, to assess whether these imports pose a threat to the country's national security.
This investigation could serve as the basis for a new round of tariff increase, potentially increasing costs for consumers, hospitals, patients, and manufacturers, the report said.
ID : 8446609
Published : 2025-09-26 17:19
Last Modified : 2025-09-26 20:44:53
Source : CCTV Video News Agency,China Central Television (CCTV),China Global Television Network (CGTN)
Restrictions : No access Chinese mainland
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