Trump Announces 100% Tariffs on Pharmaceutical Imports

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Trump Announces 100% Tariffs on Pharmaceutical Imports
Photo: Alex Brandon/AP/TT

The President of the USA, Donald Trump, states that the country will introduce 100-percent tariffs on pharmaceutical imports.

The new tariffs will be introduced on 1 October and, among other things, apply to patented pharmaceuticals. On the other hand, Trump claims that companies can be exempt from the tariffs if they build factories in the USA.

Trump announced the tariffs on social media during the night towards Friday. He provided no further information on how the tariffs or exemptions will be designed.

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By TTEnglish edition by Sweden Herald, adapted for local and international readers

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