The voters who were on the fence and cast their votes for Donald Trump in 2024, thought they voted for someone who would come off the first day of inflation and lower prices to use Trump’s own words.
What they get is something completely different.
The government is about to close because Trump refuses to meet Congresdemocrats to guarantee the voices it must open.
A closure of the government will cause economic damage, but apparently not enough to please Donald Trump, because the president has also announced a new rates round on his social media platform.
Trump posted:
From 1 October 2025 we will impose a 100% rate on a brand or patented pharmaceutical product, unless a company is building its pharmaceutical production factory in America. “Building” will be defined as “Breaking Ground” and/or “under construction.” There will therefore be no rate for these pharmaceutical products if construction has started. Thank you for your attention for this issue!
Only for stairs did Trump also hit the home building and renovations sector:
We will impose a rate of 50% on all kitchen cabinets, bathroom vanities and associated products, from 1 October 2025. Moreover, we will charge a rate of 30% for upholstered furniture. The reason for this is the large -scale ‘flooding’ of these products in the United States by other foreign countries. It is a very unfair practice, but we must protect our production process for national security and other reasons. Thank you for your attention for this issue!
He will also impose a rate on the production of heavy trucks, because he does not understand that his rates are harming the production sector.
On the day the government is closed, the man responsible for the closure will also increase prices for prescription medicines.
