Thursday, April 2, 2026

'CNBC: Trump said to plan 100% tariffs for imported drugs'

 The Trump administration has drafted an order that would place a 100% tariff on imports of patented medications and their active ingredients, CNBC reported on Thursday.

The levies would apply to pharmaceutical companies that have not reached most-favored-nation agreements with the US or that are not negotiating with the government to lower medicine prices in the country.

Although the proposal is not final, the outlet noted that the tariffs might be revealed as early as Thursday. Since November, over a dozen major pharmaceutical companies, including Novo NordiskPfizer, and Eli Lilly, have signed agreements with US President Donald Trump to reduce the cost of both new and existing drugs.

https://breakingthenews.net/Article/Trump-said-to-plan-100-tariffs-for-imported-drugs/66007596

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