U.S. to impose 100% tariff on branded, patented drugs unless firms build plants locally, Trump says

nation • 9/25/2025

The measure will not apply to companies building drug manufacturing plants in the U.S., Trump added.

President Donald Trump announced Thursday that the U.S. will impose a 100% tariff on "any branded or patented Pharmaceutical Product" entering the country from Oct. 1. The measure will not apply to companies building drug manufacturing plants in the ... [1739 chars]