financetom
Business
financetom
/
Business
/
Market Chatter: Trump Administration Excludes Tariff Plan on Generic Drugs From Foreign Countries
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Market Chatter: Trump Administration Excludes Tariff Plan on Generic Drugs From Foreign Countries
Oct 9, 2025 3:38 AM

06:08 AM EDT, 10/09/2025 (MT Newswires) -- US President Donald Trump's administration is not planning to impose tariffs on generic drugs from foreign countries, The Wall Street Journal reported late Wednesday, citing a White House spokesman as saying in a statement.

"The administration is not actively discussing imposing Section 232 tariffs against generic pharmaceuticals," the report said, citing White House spokesman Kush Desai.

The US Department of Commerce also said that the generic drugs will be excluded from the tariff plan, the journal said.

The decision is not final and may change in the coming weeks, according to the media outlet.

The White House did not immediately respond to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Pet food maker Freshpet's Q2 sales growth slows more than expected, FY forecast lowered
Pet food maker Freshpet's Q2 sales growth slows more than expected, FY forecast lowered
Aug 4, 2025
Overview * Freshpet ( FRPT ) Q2 net sales rise 12.5% to $264.7 mln, missing analyst expectations * Net income for Q2 at $16.4 mln, compared to a loss last year * Adjusted EBITDA for Q2 beats estimates, reaching $44.4 mln, per LSEG data Outlook * Freshpet ( FRPT ) expects 2025 net sales to rise 13% to 16% from...
Market Chatter: Delta Air Lines Faces Criticism for Using AI to Set Fares
Market Chatter: Delta Air Lines Faces Criticism for Using AI to Set Fares
Aug 4, 2025
06:36 AM EDT, 08/04/2025 (MT Newswires) -- Delta Air Lines ( DAL ) is facing pushback from lawmakers who object to the airline using artificial intelligence to set airfares, The Wall Street Journal reported on Sunday. Delta executives said in July that the airline's new AI tool could help set up to 20% of its domestic fares by the end...
B2B event firm Emerald beats Q2 revenue expectations
B2B event firm Emerald beats Q2 revenue expectations
Aug 4, 2025
Overview * Emerald Q2 revenue grows 22.7% yr/yr, beating analyst expectations * Adjusted EBITDA for Q2 rises 59.5%, surpassing estimates, per LSEG data * Company reports Q2 net loss of $1.4 mln, down from $2.8 mln last year Outlook * Emerald reaffirms full-year 2025 revenue guidance of $450-460 mln * Company expects full-year 2025 adjusted EBITDA of $120-125 mln *...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Copyright 2023-2026 - www.financetom.com All Rights Reserved