Most #pharmaceuticals are made at least in part in foreign nations

#Trump has been saying for weeks that he plans to impose #tariffs specifically on pharmaceuticals….He has said those levies could be 25% or higher. Drugmakers still expect tariffs targeting them to be announced soon.

“The pharmaceutical companies are going to come roaring back, …to our country because if they don’t, they got a big tax to pay,” Trump said Wed.

#economy #medications #PersonalFinances
nytimes.com/2025/04/04/health/…

Trump’s Next Tariffs Target Could be Foreign-Made Pharmaceuticals

President Trump wants to bring pharmaceutical manufacturing back to the United States. Experts warn that tariffs could result in shortages and higher prices for generic drugs.

^{Rebecca Robbins (The New York Times)}