Trump announces 100% tariff on imports of branded or patented pharmaceuticals from October 1-March 2024-www.financetom.com

Trump announces 100% tariff on imports of branded or patented pharmaceuticals from October 1

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Trump announces 100% tariff on imports of branded or patented pharmaceuticals from October 1

Sep 25, 2025 4:53 PM

WASHINGTON (Reuters) -The United States will impose a 100% tariff on imports of branded or patented pharmaceutical products from October 1, unless a pharmaceutical company is building a manufacturing plant in the U.S., President Donald Trump said on Thursday.

"There will, therefore, be no Tariff on these pharmaceutical products if construction has started," Trump said on Truth Social.

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