US pharma price probe raises threat of new drug tariffs
Trump administration plans trade assault in attempt to drive down cost of medicines including weight-loss pills
Trump administration plans trade assault in attempt to drive down cost of medicines including weight-loss pills

Move is latest broadside by Trump administration against pharmaceuticals industry that fought to derail changes

Pharmaceutical companies seek to make up any lost revenue after striking deals with Donald Trump to lower costs in US

Levies of 100% on certain medicines would implement threats Trump made last year

White House also rolls back levies on some metals in an attempt to simplify duties

White House’s landmark deal with Novo Nordisk and Eli Lilly will cut costs from at least $1,000 to about $350

Tariff deals with the US have bought time but investment momentum is elsewhere