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Pfizer not subject to pharma tariffs during 3 year grace period, CEO says
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Pfizer not subject to pharma tariffs during 3 year grace period, CEO says
Sep 30, 2025 10:20 AM

WASHINGTON, Sept 30 (Reuters) - U.S. drugmaker Pfizer ( PFE )

will not be subject to "Section 232" pharmaceutical

tariffs if it moves production to the U.S. during a three-year

grace period, CEO Albert Bourla told reporters.

Bourla spoke in an Oval Office event with U.S. President

Donald Trump at the White House after striking a deal with his

administration on drug prices.

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