Trump targets drug imports with tariff threats

FXStreetApr 14, 2025 4:31 PM

US President Donald Trump signaled a tougher stance on imported pharmaceuticals during a speech on April 14. The president said, “We will do tariffs on imported pharmaceuticals” and added that such tariffs are coming “in not too distant future.”

Trump’s remarks follow his criticism of US reliance on foreign drug manufacturing, stating, “We don’t make our own drugs.”

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