U.S. to impose tariffs on drugs, cabinets, furniture, and trucks

President Trump announced new tariffs set to take effect on Oct. 1, including a 100% tariff on pharmaceutical drugs, a 30% tariff on upholstered furniture, and a 50% tariff on kitchen cabinets, citing national security concerns. Despite claims of economic success, recent data indicates rising inflation and job losses in manufacturing and construction sectors, challenging the effectiveness of these tariffs.

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