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Trump signs order to boost domestic drug manufacturing as pharma tariff threat looms

  • President Donald Trump signed an executive order to incentivize drug manufacturing in the U.S., streamlining the path for pharmaceutical companies to build new production sites.
  • The order comes ahead of Trump's planned tariffs on pharmaceuticals imported into the U.S., as the U.S. Imported $203 billion in pharmaceutical products in 2023.
  • Some pharmaceutical companies are pushing back on Trump's plans, as reshoring manufacturing could elevate production costs and drug prices, raising affordability concerns.
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Trump orders FDA to help speed building of new drug factories

Pharma companies are looking to avoid potential tariffs by boosting U.S. manufacturing capacity, but such efforts take time.

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voz.us broke the news in on Monday, May 5, 2025.
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