Asia markets fall after Trump announces new tariffs; approves TikTok deal

September 25, 2025

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1 min read

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CNBC

The 100% duties apply to "any branded or patented Pharmaceutical Product" except for companies that build manufacturing plants in the U.S., Trump said Friday.

Shares of Asian pharmaceutical companies fell Friday after U.S. President Donald Trump announced fresh tariffs on furniture, heavy trucks and pharmaceutical products. Starting from Oct. 1, "any branded or patented Pharmaceutical Product" faces 100% d... [1985 chars]

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Source: CNBC

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