Trump's tariff: Impact of tariffs on top American sector, are tariffs helping American industries?
Edited By WION Video Desk
Published: Sep 27, 2025, 17:37 IST | Updated: Sep 27, 2025, 17:37 IST
Donald Trump plans new import taxes from October 1. Taxes include 100% on medicines, 50% on kitchen items, 30% on furniture, and 25% on heavy trucks. Trump believes tariffs boost domestic manufacturing and cut the budget deficit. Experts warn of rising inflation and slower economic growth. The move impacts healthcare costs and home building.
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