Trump teases 200% tariffs on overseas pharmaceutical companies importing medicines into US

Published July 8, 2025 8:00pm ET



President Donald Trump hinted he could slap a 200% tariff on overseas pharmaceutical companies “very soon.”

Trump has long hinted at pharmaceutical tariffs to bring the sensitive industry back to the U.S., but has so far held off on the risky measure. He revived these efforts on Tuesday, hinting at new tariffs targeting the industry but giving a year-and-a-half window for implementation.

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