Trump to slap new tariffs on pharma

(Image: Getty)

Fri, 26 Sep 2025

By Joseph Pisani, Liz Essley Whyte and Bob TitaPresident Trump announced many new tariffs on Thursday, including a large one on drugs from pharmaceutical companies that aren’t building plants in the US.“Starting October 1st, 2025, we will be imposing a 100% Tariff on any branded or patented Pharmaceutical Product, unless a Company IS BUILDING their Pharmaceutical Manufacturing Plant in America,” Trump posted on his social-media site, Truth Social, without providing details.FearfulMany of the largest pharmaceutical companies ha...

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