Theme:
Light Dark Auto
GeneralPoliticsBusinessEconomyTechnologyEnvironmentSportsEntertainmentGeneral
BUSINESS
Negative Sentiment

Trump tariffs: Who stands to lose from new US pharma duties?

President Trump announced a sudden 100% tariff on branded pharmaceutical imports starting October 1, 2025, unless companies build manufacturing plants in the US. Generic drugs and companies with active US construction plans are exempt. Experts anticipate confusion over definitions and potential cost increases for US consumers, despite some companies already pledging US investment. Top exporting countries like Ireland, Germany, and India may be significantly impacted.

Prepared by Christopher Adams and reviewed by editorial team.

Related News

Comments

JQJO App
Get JQJO App
Read news faster on our app
GET