US EditionTrump Delays Threatened 100 Percent Tariffs on Drugs
4 Articles
4 Articles
Trump delays threatened 100 percent tariffs on drugs
The Trump administration is holding off on its threatened 100 percent tariffs on drugmakers that aren't building facilities in the U.S., with officials saying the new tax is still being prepared. President Trump said on his Truth Social platform last week that, "Starting October 1st, 2025, we will be imposing a 100% Tariff on any branded or patented Pharmaceutical Product," unless the drugmaker is in the process of building a manufacturing plant…
With the Trump administration imposing 100% tariffs on imported branded and patented drugs starting Wednesday (October 1), global drugmakers are scrambling to strengthen their manufacturing capacity and domestic inventory in the United States.
Trump to Impose Tariffs Oct. 1 on Drugmakers Not Scaling Up U.S. Manufacturing - 340B Report
Drugmakers that are not building a pharmaceutical manufacturing plant in the U.S. will soon face “a 100% tariff on any [...] The post Trump to Impose Tariffs Oct. 1 on Drugmakers Not Scaling Up U.S. Manufacturing appeared first on 340B Report.
Coverage Details
Bias Distribution
- 100% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
