DEVELOPING: Trump Imposes Emergency Tariffs on Key Imports Amid Trade Tensions

BREAKING NEWS President Trump Imposes Emergency Tariffs on Key Imports Amid Trade Tensions Washington, D.C. - In a surprise move, President Donald Trump announced Thursday that he will impose import taxes on several key products starting October 1. The tariffs will affect pharmaceutical drugs (100%), kitchen cabinets and bathroom vanities (50%), upholstered furniture (30%), and heavy trucks (25%). The decision was made without prior announcement or explanation from the White House. According to sources, these tariffs are intended to reduce the government's budget deficit and boost domestic manufacturing. However, critics argue that this move will increase costs for American consumers and businesses. The Trade Expansion Act of 1962 allows the administration to launch Section 232 investigations into national security concerns related to imports. The investigation was launched in April, but details on its findings have not been released. This development comes as trade tensions between the US and other countries continue to escalate. The impact of these tariffs is expected to be significant, with potential ripple effects on global markets. This is a developing story. We will provide updates as more information becomes available. *This is a developing story. Updates will be provided as more information becomes available. Based on reporting from Npr.*