Trump mulls 200% tariff on pharmaceuticals

Economic Tariffs Concept

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  • President Donald Trump on Tuesday reiterated his plans to impose tariffs on pharmaceutical goods, threatening to charge as much as 200% as levies on a product category that has largely been immune from his trade war due to the public health impact.
  • “We’re going to give people about a year, a year and a half, to come in, and after that, they’re going to be tariffed,” Trump said at the White House during his sixth cabinet meeting.
  • “If they have to bring the pharmaceuticals into the country, the drugs and other things into the country, they’re going to be like 200%,” he added.

This is a developing story. Check back for more updates.

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