Autism Research EXPERT Says Trump’s TYLENOL Claims ‘EXTREME’ & ‘DEVASTATING’ | SUNRISE President Trump’s new pharmaceutical tariff policy

Here's what to know about the anticipated consumer impact of the new tariffs, according to experts: In a social media post late Thursday, Trump proposed a 50% tariff on home goods such as kitchen cabinets and bathroom vanities, as well as a 30% tariff on upholstered furniture.

Despite importing popular drugs like Zepbound and Mounjaro, Eli Lilly is exempt from Trump's tariffs on Big Pharma for now.

Retailers are rethinking their supply chain strategies amid Trump’s trade war. Here’s what that means for consumers.

Trump announced the new tariffs on pharmaceutical drugs, kitchen and bathroom cabinets, upholstered furniture and heavy trucks in three separate posts on Truth Social. Trump has long argued that tariffs are needed to bring in more revenue for the United States, despite experts warning it will drive up costs for Americans.

President Donald Trump on Tuesday said Pfizer will cut the price of all prescription drugs in the Medicaid program for low-income Americans and sell new prescription drugs at a "most favored nation" price in exchange for tariff relief.

Even if you received a tax extension, you still needed to file your 2021 tax return by the April 15, 2025, deadline to claim that third stimulus check. There are no extensions or appeals available for missed deadlines, and any unclaimed stimulus payments become the property of the U.S. Treasury.

Two lower courts have said some of President Trump's tariffs are unlawful. Now the Supreme Court has agreed to examine the issue.

Federal Reserve Bank of Chicago President Austan Goolsbee warned that rising inflation could pose a stagflation risk if tariff-induced price hikes prove persistent.

Imported generics have so far managed to escape Trump’s glare likely due to their critical role in keeping US healthcare costs in check. However, Indian pharma is not waiting for the axe to fall, and experts say a multi-pronged defence strategy by key players is already in motion.