Landing a reduced 20% tariff rate will require pharma companies to fill out extensive paperwork and be closely monitored by the Department of Commerce.
May 14, 2026 12:00 PM EDT
Drugmakers have to go through rigorous tests to get a lower tariff rate
Landing a reduced 20% tariff rate will require pharma companies to fill out extensive paperwork and be closely monitored by the Department of Commerce.
President …
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When President Donald Trump rolled out his plan to levy a 100% tariff rate on patented pharmaceutical products and ingredients…
The Trump administration is preparing to impose new tariffs on drugmakers that have not struck deals with the president to lower…
Many pharmaceutical products made in Europe will face a 15 percent tariff, pinching manufacturers and potentially leading to…
New tax will hit branded drugs and active ingredients while exempting generics for at least one year
Drug companies that commit to moving production to the U.S. will face a 20% tariff and no tariff if they also agree to lower…
The expected deal follows threats of tariffs as high as 100% on branded drug imports.
