New tax will hit branded drugs and active ingredients while exempting generics for at least one yearSign up for the Breaking News US email to get newsletter alerts in your inboxDonald Trump is threatening 100% tariffs on pharmaceutical companies that have not struck deals to lower US drug prices.The new tariff will only apply to branded drugs and their active ingredients. Generic drugs, which make up more than 90% of medicines sold in the US, will be exempted from tariffs for at least one year. Orphan, veterinary and other specialty drugs are exempt if they are from trade deal countries or meet urgent public health needs. Continue reading...
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Source: The Guardian World
Trump threatens 100% tariff on US drug makers that don’t strike deals to lower prices
The Guardian World
April 02, 2026
21:33 GMT
New tax will hit branded drugs and active ingredients while exempting generics for at least one year Sign up for the Breaking News US email to get newsletter alerts in your inbox Donald Trump is threatening 100% tariffs on pharmaceutical companies that have not struck deals to lower US drug prices. The new tariff will only apply to branded drugs and their active ingredients. Generic drugs, which make up more than 90% of medicines sold in the US, will be exempted from tariffs for at least one year. Orphan, veterinary and other specialty drugs are exempt if they are from trade deal countries or meet urgent public health needs. Continue reading...
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New tax will hit branded drugs and active ingredients while exempting generics for at least one year
Sign up for the Breaking News US email to get newsletter alerts in your inbox
Donald Trump is threatening 100% tariffs on pharmaceutical companies that have not struck deals to lower US drug prices.
The new tariff will only apply to branded drugs and their active ingredients. Generic drugs, which make up more than 90% of medicines sold in the US, will be exempted from tariffs for at least one year. Orphan, veterinary and other specialty drugs are exempt if they are from trade deal countries or meet urgent public health needs.
Continue reading...
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