InnovationRx: Trump Vows That ‘Major’ Pharma Tariffs Are Coming
- The European Union announced a 25% tariff on various U.S. Goods in response to U.S. tariffs.
- Trump stated that a major tariff on pharmaceuticals will be announced soon, aiming to boost U.S. Domestic production.
- Agriculture Secretary Brooke Rollins indicated that new trade deals could be reached by the end of the week.
51 Articles
51 Articles
Trump Threatens Pharmaceuticals: Warn that he will apply tariffs to them if they don't return their production to the US
President Donald Trump said that his promised tariffs on pharmaceutical drugs will be implemented soon, the last sign that he plans to go ahead with more sectoral tariffs despite the consequences for the market of his global charges. “We’re going to announce very soon an important tariff on pharmaceuticals,” Trump said Tuesday at a fundraising gala for Republicans in the House of Representatives, without providing details on the planned tax. “On…
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