Trump announces 100% tariff on branded or patented pharmaceuticals from Oct. 1(reuters.com)
reuters.com
Trump announces 100% tariff on branded or patented pharmaceuticals from Oct. 1
https://www.reuters.com/sustainability/boards-policy-regulation/trump-announces-100-tariff-imports-branded-or-patented-pharmaceuticals-october-1-2025-09-25/
16 comments
Not sure which of these will be the surviving "main" branch, so I'll comment here as well ... I thought pretty much all generic drugs come from India or China, which will do wonders for prices.
Even name brand pharmaceuticals are likely to be made off shore. Pharmaceuticals can have a surprisingly deep supply chain. All of which ideally has two suppliers in case one becomes unavailable (drought, war, blockade, etc).
All of the major brands will likely have some onshore capacity, but no way that GMP facilities can be turned on overnight that could handle a sudden massive shift in volume.
Which goes back to the original question if this is really an attempt to direct policy or just looking for bribes. Manufacturing needs to be planned with years of notice.
All of the major brands will likely have some onshore capacity, but no way that GMP facilities can be turned on overnight that could handle a sudden massive shift in volume.
Which goes back to the original question if this is really an attempt to direct policy or just looking for bribes. Manufacturing needs to be planned with years of notice.
Worth noting that he's also announced tariffs on trucks and for some reason, furniture. He seems to be taking the last one personally.
https://finance.yahoo.com/news/trump-put-import-taxes-kitche...
https://finance.yahoo.com/news/trump-put-import-taxes-kitche...
And poor people will die and be more miserable in greater poverty as a consequence.
The net result will be higher prices for everyone with little change because prices never go down and domestic producers will get to charge more because of reduced competition.
The net result will be higher prices for everyone with little change because prices never go down and domestic producers will get to charge more because of reduced competition.
Did he see a tweet and someone set him off?
Don't worry, Trump always chickens out.
he never does, he waits for crypto transfers to clear in his account than says something else silly so we forget about drugs and furniture :)
-on imports of- a seriously misleading title right now.
Suggestion: 100% tariff on imports of branded/patented pharmaceuticals announces Trump
Suggestion: 100% tariff on imports of branded/patented pharmaceuticals announces Trump
FWIW, in my US English dialect, tariff is a synonym for "import tax". So for me, there isn't really any other sensible interpretation for the headline.
That's redundant; a tariff (in the sense normally used in modern English; there are other meanings but they'll generally be clear from context) is a tax on imports.
Tariffs are defined as taxes levied on imported goods. There isn't any other possible interpretation, so it's not misleading unless you don't understand the concept of tariffs at all.
Not necessarily related to this but this applies to USA definition
Outside of USA the word tariffs does means prices. You internet provider will give you list of tariffs .. which plan you wish to realise -- your hosting plans page will be titled Tariffs often not Pricing or Plans
Outside of USA the word tariffs does means prices. You internet provider will give you list of tariffs .. which plan you wish to realise -- your hosting plans page will be titled Tariffs often not Pricing or Plans
That won't be expressed as a percentage, though; the difference should be clear from context.
This story is getting very old very fast.