Trump to Announce New Medicine Tariffs Soon

» Published: August 05 2025

Trump to Announce New Medicine Tariffs Soon
Photo: Julia Demaree Nikhinson/AP

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The President of the USA, Donald Trump, will provide information about medicine tariffs in the coming week, he states in an interview with CNBC. According to the President, the medicine tariffs will initially be low but over time will be gradually increased to up to 250 percent.

We want medicines that are produced in the USA.

He also announces that he will increase India's tariffs within the next 24 hours.

During the interview, he also says that the EU will receive tariffs of 35 percent if they do not meet the requirements in the tariff agreement.

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

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