President Trump announced new import taxes on various goods, including 100% on pharmaceuticals and 50% on kitchen cabinets, starting October 1. He believes these tariffs will reduce the budget deficit and boost domestic manufacturing, despite concerns about rising consumer prices and economic uncertainty. The tariffs could impact healthcare costs and housing prices, with warnings from experts about potential negative effects on Americans' health and the construction industry. Trump continues to assert that inflation is not a concern, despite evidence to the contrary. Teljes cikk (Euronews.com)