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Monday, May 5, 2025

Trump Set to Sign Order Encouraging Domestic Drug Production



President Trump is expected to sign an executive order that will boost domestic drug production in the U.S., according to the Washington Post. The order builds on Trump’s goal of returning production and manufacturing to the U.S.

Last month, Trump stated that he would soon enact a “major tariff on pharmaceuticals” that are imported to the U.S. in order to promote domestic drug production. As of now, pharmaceuticals are exempt from the administration’s reciprocal tariffs.

https://www.tipranks.com/news/trump-set-to-sign-order-encouraging-domestic-drug-production

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