Trump threatens 100% tariff on US drug makers that don’t strike deals to lower prices

New tax will hit branded drugs and active ingredients while exempting generics for at least one year Sign up for the Breaking News US email to get newsletter alerts in your inbox Donald Trump is threatening 100% tariffs on pharmaceutical companies that have not struck deals to lower US drug prices. The new tariff will only apply to branded drugs and their active ingredients. Generic drugs, which make up more than 90% of medicines sold in the US, will be exempted from tariffs for at least on...

By Lauren Aratani and Reuters

Trump signs order threatening up to 100% tariffs on pharmaceuticals

Donald Trump unveiled sweeping new pharmaceutical tariffs on Thursday that could reach 100% unless drugmakers strike pricing deals with his administration. The move, tied to national security concerns, escalates his trade strategy and could reshape global supply chains and raise costs.

By FRANCE 24

Trump sets 100% tariffs on prescription drugs from companies that have not reached a deal with him to lower prices

The tariffs were announced on the anniversary of Trump’s ‘Liberation Day,’ which saw U.S. trading partners hit with sweeping levies

By Rachel Dobkin

Trump restructures rates on finished products made with steel, aluminum and copper

Trump orders steep tariffs on medicines, overhauls metal duties

U.S. President Donald Trump on Thursday ordered new tariffs on certain medicines and an overhaul of metal duties, doubling down on his trade agenda a year after launching trade war...

Trump Admin Revamps Steel, Aluminum, Copper Tariffs; Imposes 100% Duties On Patented Drugs

Trump Admin Revamps Steel, Aluminum, Copper Tariffs; Imposes 100% Duties On Patented Drugs The Trump administration on Thursday announced a pair of tariff actions under national-security authority, maintaining core 50% duties on many imported steel, aluminum and copper products while overhauling the rules to exempt goods containing negligible amounts of those metals and imposing 100% tariffs on imported patented pharmaceuticals that do not meet new domestic production or pricing...

By Tyler Durden

Trump imposes 100% tariffs on foreign-made drugs, expands metal duties

President Trump imposes new 100% tariffs on foreign-made drugs and overhauls metal duties, pressuring companies to increase manufacturing in the United Sta Read More: https://punchng.com/trump-imposes-100-tariffs-on-foreign-made-drugs-expands-metal-duties/

By Punch Newspapers