Reported 9 days ago
President Trump announced that long-awaited tariffs on pharmaceuticals will be introduced shortly, indicating his intent to pursue more sector-specific tariffs amid the ongoing global trade tensions. He emphasized the need to boost domestic pharmaceutical production, claiming that the U.S. market advantage will draw companies back. While the announcement follows other tariffs on steel and aluminum, details remain sparse, leading to uncertainty about the potential impacts on various pharmaceutical companies.
Source: YAHOO