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Trump’s Proposed 200-250% Tariff on Pharma Imports to Lead to Drug Shortages and Higher Prices, Says GlobalData - GlobalData

Summary by GlobalData
The pharmaceutical industry is on high alert as US President Donald Trump proposes a 200-250% tariff on drug imports, which could significantly increase prices and reduce profit margins. While the tariffs are set to be announced soon, a grace period of 12 to 18 months has been indicated before they take effect. Even with this delay, production costs are likely to rise, potentially leading to drug shortages and higher consumer prices, says Global…
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GlobalData broke the news in on Tuesday, August 12, 2025.
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