(Reuters) -President Donald Trump on Thursday unleashed a fresh round of punishing tariffs on a broad range of imported goods, including 100% duties on branded drugs and 25% tariffs on heavy-duty trucks.

Trump also said he would start charging a 50% tariff on kitchen cabinets and bathroom vanities and a 30% tariff on upholstered furniture, with all the new duties to take effect from October 1.

WILL THE TARIFFS APPLY TO COUNTRIES WITH TRADE DEALS?

The Trump administration’s trade deals with Japan, the EU, and the United Kingdom include provisions that cap tariffs for specific products such as autos, semiconductors and pharmaceuticals, which means the new higher national security tariffs likely won’t raise them above agreed rates.

The European Union agreed to pay the U.S. a tariff rate o

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